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Global Trade Alert

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Russia: President authorises the sale of BASF's Russian subsidiary to Lakra Sintez

Description

On 7 May 2024, the President of the Russian Federation authorised the sale of BASF Vostok, BASF Coatings GmbH's Russian subsidiary, to Lakra Sintez, a Russian paints and varnishes producer. BASF Vosto...

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Intervention Details

Intervention Type

FDI: Treatment and operations, nes

MAST Chapter

FDI measures

Implementation date

07 May 2024

Revocation date

No revocation date

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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