To help real enterprises seize overseas development opportunities and resolve legal obstacles in cross-border operations, Naranchogt, a lawyer from Shanghai Nuodi Law Firm, recently paid a field visit to Coleda Group, an industry benchmark enterprise. The two sides held in-depth face-to-face discussions on foreign-related cooperation and legal support services.

Coleda Group has long been engaged in the prefabricated green building materials sector. Its core thermal insulation products feature excellent cold resistance, which perfectly adapts to the climatic conditions and infrastructure development plans of Russia and Central Asia, endowing the company with remarkable advantages for overseas expansion. Against the backdrop of Belt and Road Initiative economic and trade cooperation, both parties reached a consensus on jointly exploring markets and carrying out cross-border business cooperation in Russia and Central Asia.

Addressing the difficulties and pain points in the enterprise’s cross-border development, Lawyer Naranchogt focused on key areas including overseas investment administration, overseas product market access, cross-border trade settlement and foreign-related contract management. He sorted out compliance requirements for the entire business process in detail, conducted a comprehensive review of potential legal risks and formulated targeted prevention plans.

Going forward, Shanghai Nuodi Law Firm will continue to leverage its professional expertise in foreign-related legal services to accompany the enterprise in expanding globally steadily, and support its high-quality development across Europe and Asia.