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Global Trade Alert

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Russia: Government places foreign stakes in Danone Russia and Baltika under temporary government control

Description

On 16 July 2023, the President of Russia amended Decree No. 352 (of 25 April 2023), placing the shares of Baltika, a Russian beer producer, owned by Carlsberg, a Danish brewing multinational, under te...

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Intervention Details

Intervention Type

FDI: Treatment and operations, nes

MAST Chapter

FDI measures

Implementation date

16 Jul 2023

Revocation date

01 Dec 2024

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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