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Global Trade Alert

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Russian Federation: State-requested sales of foreign currency reserves by Russian exporters

Description

According to directive 8495-13 of 17 December 2014, the five largest state-owned Russian exporters (open joint-stock companies "Gazprom", "Rosneft", "ALROSA", "Zarubezhneft" and "Crystal") must ensur...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

17 Dec 2014

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

state-controlled

Affected Trading Partners

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Affected Sectors

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Affected Products

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