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Global Trade Alert

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Russia: Authorisation of debt repayment towards the creditors from "unfriendly" countries in rubles

Description

On 5 March 2022, the President of Russia issued Decree No. 95, mandating the settlement of Russian residents' liabilities towards the creditors from the "unfriendly" countries in rubles. The Decree en...

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Intervention Details

Intervention Type

Controls on credit operations

MAST Chapter

Capital control measures

Implementation date

05 Mar 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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