Foreign Investment and Investment in Strategic Entities: Regulatory Liberalization
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Key takeaways
- On November 1, 2011, the State Duma of the Russian Federation adopted in the third reading the Bill on Amendments to Art. 6 of the Foreign Investments Law and the Strategic Investments Law.
- This bill liberalizes the investments in strategic entities, including strategic subsoil users; investments by entities controlled by Russian Federation and in certain cases by Russian citizens and investments of international financial organizations are exempt.