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Global Trade Alert

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Russia: President authorises American Express's "voluntary liquidation"

Description

On 22 May 2024, the president of Russia issued Decree No. 151-rp, authorising American Express's "voluntary liquidation" of its Russian business (American Express Bank LLC). The decree specifies that ...

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Intervention Details

Intervention Type

FDI: Treatment and operations, nes

MAST Chapter

FDI measures

Implementation date

22 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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