Differences in Corporate Law of Russia and Arab States: Influence on Translation Activity

Abstract

The authors of the paper proceed from the assumption that translation from Arabic into Russian and vice versa will be instrumental in strengthening economic ties of Russia with the Middle East countries and expanding foreign trade of companies in the near future. They substantiate the idea that success of foreign trade activities largely depends on the extent to which differences in the corporate law of Russia and Arab states are taken into consideration. The paper offers a review of differences in the corporate law that affect translation activity and highlights their main reasons related, first and foremost, to different conditions in which legal systems of Russia and the Middle East countries were formed. Using specific examples, the authors consider the main translation problems predetermined by differences in the corporate law of various states as well as in the terminological systems of the corporate law, and offer various means of solving the problems. It is concluded that the main principle of solving problems faced in translation is to transfer the meaning implied by the source text sender.