Legal development

Are Russian countersanctions likely to prompt investment treaty claims

Insight Hero Image

    A large number of countries have denounced Russia's invasion of Ukraine and imposed unprecedented sanctions against it in condemnation of its actions. Our Sanctions Tracker provides an up-to-date summary of the measures imposed so far.

    By way of retaliation, Russia has threatened – and in some cases already implemented – a number of countersanctions aimed at companies from those countries it considers "unfriendly". These include requiring certain purchasers of Russian gas to pay in rubles, and banning exports to individuals and corporates from "unfriendly" countries. Those with investments in Russia are weighing up their options as to what to do next. 

    In this article we consider the extent to which foreign investors might seek to rely on the protections afforded to them in Russia's international investment treaties if Russia acts on its threatened countersanctions. We also explore some of the practical challenges that parties looking to pursue investment treaty claims against Russia are likely to face.

    Download our article below to read more.

    For more information regarding any of the issues raised in this article, please use the contact details below. 


    The information provided is not intended to be a comprehensive review of all developments in the law and practice, or to cover all aspects of those referred to.
    Readers should take legal advice before applying it to specific issues or transactions.


    Stay ahead with our business insights, updates and podcasts

    Sign-up to select your areas of interest