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The war in Ukraine has not only become the biggest military conflict in Europe for decades, it also marks the return to the Cold War that has resulted in a breakdown in commercial and trade ties. The measures adopted by global powers in response to Russia will have a lasting impact beyond the region even if a settlement is reached with Ukraine at some point in the future.

Russia's actions have not only threatened to undermine the fragile economic recovery from Covid but are also creating knock-on effects on energy and food security, given its standing as a leading oil producer and shared importance with Ukraine as major wheat exporters.

What are the implications of Western governments' actions in imposing sanctions against Russia? What are the medium- to long-term consequences for Russia as foreign businesses withdraw their operations? What about the impact on these foreign companies? What spillover effects will such developments have on economies in Asia?

Join us on 6 May when an expert panel comprising Alicia García-Herrero, Chief Economist for Asia Pacific at Natixis; Stephen Olson, Research Fellow and trade expert at the Hinrich Foundation; and Thomas So, Partner at Grandall Zimmern Law Firm, will share their thoughts on the economic and geopolitical consequences resulting from the Russia-Ukraine conflict. They will also discuss how Western sanctions will affect Hong Kong's businesses, and provide insights on making informed decisions under a rapidly evolving and increasingly complex operating environment.

Speakers' presentations at this event are intended for educational purposes only and do not replace independent professional judgment. Statements of fact and opinions expressed during this event are those of the speakers and participants and, unless expressly stated to the contrary, are not the opinion or position of the Hong Kong General Chamber of Commerce, its members, or its committees. The Chamber does not endorse or approve, and assumes no responsibility for, the content, accuracy or completeness of the information presented. Attendees should note that, with the approval of speakers, this event may be recorded, and possibly published on the Chamber's website in audio and/or video formats without further notice.

Recording, duplication or distribution of the contents of the online event is prohibited without prior written permission from the Chamber.


Alicia García Herrero, Chief Economist, Natixis

Alicia García Herrero is the Chief Economist for Asia Pacific at Natixis. She also serves as Senior Fellow at the Brussels-based European think-tank BRUEGEL and a non-resident Senior Follow at the East Asian Institute (EAI) of the National University Singapore (NUS). Alicia is also Adjunct Professor at the Hong Kong University of Science and Technology. Finally, Alicia is a Member of the Council of Advisors on Economic Affairs to the Spanish Government and an advisor to the Hong Kong Monetary Authority’s research arm (HKIMR) among other advisory and teaching positions.

Alicia holds a PhD in Economics from George Washington University and has published extensively in refereed journals and books (see her publications in ResearchGate, Google Scholar, SSRN or REPEC). Alicia is also very active in international media (BBC, Bloomberg, CNBC and CNN) as well as social media (LinkedIn and Twitter). As a recognition, Alicia was included in the TOP Voices in Economy and Finance by LinkedIn in 2017 and #6 Top Social Media leader by Refinitiv in 2020.

Stephen Olson, Senior Research Fellow, Hinrich Foundation

Stephen Olson is a Senior Research Fellow at the Hinrich Foundation.  Over the course of his more than 30-year international career, Olson has lived and worked in Asia, the Middle East, and the United States, holding senior executive positions in the private sector, international organizations, government, and academia. 

He began his career in Washington DC as a US trade negotiator, serving as a member of the US negotiating team during NAFTA and the US-Canada FTA.   He went on the to serve as President of the Pacific Basin Economic Council in Hong Kong.  He subsequently became Vice Chairman at the Cairo-based ARTOC Group for Investment and Development.  He has also held Visiting Professor positions at various universities.

In his current position at the Hinrich Foundation, Mr. Olson conducts analysis and research on global trade and investment issues, including US-China relations, the global trade architecture, and sustainable trade.


Thomas So, JP, Partner & Head of Dispute Resolution Department, Grandall Zimmern Law Firm

Thomas So advises on and represents clients in all types of cross-borders disputes, property-related litigation, libel litigation and media-related litigation work in Hong Kong, as well as commercial disputes in the Mainland.

Thomas has acted as Arbitrator and Mediator in shareholders and other disputes and is on a number of panel of arbitrators in Asia. He has been appointed by the Guangdong Provincial High Court as Greater Bay Area cross border commercial mediators for a term of three years since 23 December 2020. He has also acted as Deputy Judge at the District Court (18/11/2002-13/12/2002) and Temporary Deputy Registrar at the High Court (8/12/2003-10/1/2004). He is a China-Appointed Attesting Officer (appointed by the Ministry of Justice of PRC). He was the President of the Law Society of Hong Kong (6/2016 – 6/2018) and is a solicitor-advocate with rights to appear in all levels of civil courts in Hong Kong.

Language English
Date and Time 2022/05/06 15:00 to 16:30
Venue Online via Zoom
Media Closed to media
Enquiries Tracy Leung
Tel: 28231277
Fee Members @ HK$100 / Non-Members @ HK$200
+$50 for booking offline
This event accepts Chamber Coupon (terms and conditions)
Members enjoy 30% discount with BOC HKGCC VISA Card
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