Credit: Adobe Stock Uncertainty Prevails For Western IP Owners in Russia
A three-year countdown has begun, after which all western-owned IP in Russia will become vulnerable.
May 30, 2022 at 05:44 AM
5 minute read
The range of sanctions imposed by the West and other global partners against Russia over its actions in Ukraine are considered to be the most far-reaching and punitive in history.
Undoubtedly, there are aspects to the measures which are unprecedented, such as the banning of Russia from the SWIFT payment system, while the speed and extent to which western brands withdrew from the Russian market reverberated throughout the Russian – and global – economies.
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