RUSSIA/CIS RISKWATCH – ISSUE 12 – JUNE 2017
Dear Friends and Colleagues:
What passes this year for summer in Moscow has finally arrived and with it, the country now fully focusses on next March’s scheduled presidential elections. What had been expected to be a relatively quiet pre-electoral period is turning into anything but, and arguably all domestic news stories – whether the survival of Prime Minister Dmitry Medvedev, anti-corruption raids, or the imminent ban of messaging service Telegram – now have an election element to them.
Right now, it is unclear who the main candidates may actually be. President Putin is constitutionally permitted to run for his final six-year term, but has been more than usually coy about his intentions and has still not confirmed his candidacy. In the meantime opposition leader Alexey Navalny, who has declared his candidacy, will be prevented to run due to a much-criticised five year suspended sentence he received for fraud. We will discuss in this edition of our newsletter the impact of some of Navalny’s large-scale anti-corruption protests.
As author of this Russia/CIS RiskWatch, I am delighted to introduce Nabi Abdullaev. Nabi has recently joined Control Risks after a long and distinguished career in journalism, beginning as a news agency stringer during the first Chechen war of the 1990s, and culminating in chief editorial positions at The Moscow Times and RIA Novosti. Nabi examines for us some of the key issues to look out for over the coming months, including the sustainability of the protest movements and the extent and resonance of the anti-corruption message across society.
In the run-up to March’s election, we will be running a series of webinars examining these and other issues, and what they mean for our clients and the wider business community, so stay tuned for more information in due course.
As always, we welcome your comments and feedback, and may I take this opportunity to wish you an excellent summer.
With all best wishes,
Tim Stanley, Senior Partner