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The economic relations between Russia and Luxembourg have strongly developed in the recent past with Luxembourg ranking as first foreign investor in Russia for the year 2009. Luxembourg companies now rank in a prominent position as foreign investors into Russia and a number of them have a large client base or production facilities in Russia.
Many major Russian companies already have a presence in Luxembourg, being active in various sectors such as information technology, life sciences, and import/export and use Luxembourg as a hub for their international and in particular European Union activities and investments. The Allen Overy Luxembourg-Russia Desks aim is to better service clients with business connections in both countries and to offer them a...
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