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Vegetable oil industry is one of priority areas for AstapovLawyers

November 2010

Andrey Astapov, AstapovLawyers' Managing Partner, took part in the second international conference Oilseeds & Oils 2010, held in Istanbul, Turkey, on October 17 - 19, 2010.

This event was dedicated to the market of oilseeds, vegetable oils and by-products, and brought together traders, producers,importers, oilseed and by-product qualitaty specialists, investment firms, market experts, representatives of industrial associations and government.

The conference was a great opportunity for the participants to discuss key industry trends and issues, such as changes in the consumption preferences and vegoil consumption forecasts, development of the global market of sunflower seeds and oil, oil market prospects by different regions, and priority of sunflower oil in the import structure of the major importing countries.

AstapovLawyers is an undisputable CIS-based leader in providing legal services to the community of vegetable oil producers and international traders. Among our clients are major national and international banks, producers and traders. Our associates successfully represented exporters in numerous headline-making cases, including a high-profile case of the sunflower oil exports contamination with mineral oils in the season of 2008. In addition, on a regular basis, our team provides legal support to the buyers from the CIS countries that ship palm oil from Indonesia and Malaysia. AstapovLawyers has a very strong and successful practice in the development of terminal and logistics infrastructure intended for the oilseed trade. The Firm provides legal support in terms of all major industrial infrastructure projects in the CIS, including the ultra-modern terminal facilities at the port of Taman.

Andrey Astapov, AstapovLawyers' Managing Partner, said: "We are absolute leaders in providing legal services to the CIS-based producers running their business in this sector. However, being a leader means, first of all, to be able to shoulder a huge responsibility. And therefore, we must keep abreast of the trends and developments in this dynamic industry. Currently, we handle major infrastructure projects. Palm products have a promising future. Also there is an interesting tendency of the leading Russian oilseed producers approaching the Ukrainian market and we see the origination of this new trend."

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