Foreign Currency Contracts: Essential Insights for Business
On March 26, 2026, Nadezhda Znak, lawyer and partner at Borovtsov & Salei, spoke at the online seminar "Foreign Currency Contracts: Practical Issues of Compliance with Currency Legislation in the Conclusion and Execution of Foreign Trade Agreements."
The presentation, focused on the foreign exchange operations of business entities, was based on the extensive practical experience of the Borovtsov & Salei team in drafting, analyzing, and managing foreign currency contracts.
Key Highlights of the Session:
Regulatory Framework: An overview of the legal regulation of foreign trade activities and currency operations in Belarus.
Repatriation of Proceeds: Special attention was paid to the specifics of extending repatriation deadlines and the legal options for terminating such obligations.
Risk Mitigation: The speaker provided practice-oriented recommendations on the structure and content of currency contracts.
Practical Tools: Draft wording for specific clauses was proposed to minimize legal risks and enhance the efficiency of foreign economic transactions.
Participants gained both a systematic understanding of current currency legislation requirements and applied tools for their daily operations.
Borovtsov & Salei continues to share its expertise and support businesses in the legal aspects of foreign economic activity and currency regulation.
We would like to thank AdviceProf for organizing the event.