Central Asia desk
өөрчлөлтийн хэтийн төлөв
Over the last 20 years, Mongolia has developed into a democracy with a thriving economy. Progress has been remarkable, and the medium-term outlook is promising. Other Central Asian countries such as Turkmenistan and Uzbekistan also have extensive natural resources and economies that should not be underestimated. However, the one thing that all of the Central Asian countries have in common is the uncertainty and volatility of the political and economic frameworks, and therefore the legal environment too.
Schultze & Braun helps German and European companies and investors with their financial commitments in this exciting but sometimes sensitive environment. Our clients focus above all on Mongolia, investing mostly in mining and other technology projects.
To help clients navigate the particular features of this region, we bring not only our specific expertise and extensive personal networks locally, but also a thorough knowledge of the country, its people and its culture.
Schultze & Braun helps German clients setting up corporate structures in the country investigate their legal and strategic options. We also advise on risk management with the aim of defining realistic implementation scenarios and enabling customised analyses for optimum market entry.
We do this in the knowledge that, although in terms of natural resources the Central Asian countries are among the world’s wealthiest, the very low level of development in the region presents particular challenges – and not just in terms of the legal framework. These challenges include hard-to-access regions, poor transport infrastructure and grave constraints in terms of energy supply, transport and telecommunications.
We conduct negotiations locally on behalf of clients looking to do business in the region. We are aware that Mongolia is a transition country facing difficulties due to legal vacuums in various areas of law. We also provide support for ongoing projects to ensure continuous adaptation to economic, political and legal developments in the county – in many cases, the environment is influenced and dramatically altered by the neighbouring states of China and Russia.