Global Trade Alert
Global Trade Alert

Russia: President of Russia authorises transactions with “PSK - New decisions”

Announcement

27 Nov 2023

In November 2023, the President of Russia issued a decree authorising investors from "unfriendly" states to engage in transactions related to the sale of Caterpillar's Russian subsidiaries. 

Source

Sign in to access

Number of interventions

2

0 certainly harmful

0 likely harmful

2 liberalising

List of interventions

Implementation date

27 Nov 2023

Revocation date:

No revocation date

Announced: 27 Nov 2023
Controls on commercial transactions and investment instruments In force
On 27 November 2023, the President of Russia issued Decree No. 397-rp, authorising investors from "unfriendly" states to engage in transactions related to the capital of Caterpillar's Russian subsidia...
Sign in to see more
Announced: 27 Nov 2023
FDI: Treatment and operations, nes In force
On 27 November 2023, the President of Russia issued Decree No. 397-rp, authorising investors from "unfriendly" states to engage in transactions related to the sale of Caterpillar's Russian subsidiarie...
Sign in to see more

Related State Acts

Announced: 25 Mar 2025

Russia: President authorises the sale of Kopy Goldfields AB's shares in its Russian subsidiary AG Mining PJSC

Announced: 17 Mar 2025

Russia: President authorises the sale by 683 Capital Partners LP and other investment firms of their shares in Russian energy and financial companies

Announced: 31 Jan 2025

Russia: President authorises the sale of Goldman Sachs Group Inc's share in its Russian subsidiary Goldman Sachs Bank LLC

Announced: 20 Dec 2024

Russia: President authorises the sale of Natixis's share in Natixis Bank JSC

Announced: 28 Nov 2024

Russia: President authorises the sale of RUSELCO LLP's share in Russian Elevator Company LLC

Announced: 14 Nov 2024

Russia: President authorises the sale of TGV Investment Co Ltd's share in the Russian medical centre

Announced: 25 Oct 2024

Russia: President authorises the sale of Fraport AG Frankfurt Airport Services Worldwide's share in the Russian holding company of the Pulkovo airport managing company

Announced: 03 Oct 2024

Russia: President authorises the sale of Eurasia Drilling Company's share in a Russian company

Announced: 14 Jun 2024

Russia: President authorises the sale of Coeclerici Group's shares in a Russian coal mining company

Announced: 29 May 2024

Russia: President authorises the sale of Nokia Solutions and Networks Oy's share in a Russian company

Announced: 22 May 2024

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

Announced: 20 May 2024

Russia: President authorises Promazot to engage in transactions related to the capital of Minudobreniya JSC

Announced: 07 May 2024

Russia: President authorises the sale of shares by Gazprom Neft International SA to LLC Gratal

Announced: 07 May 2024

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

Announced: 08 Apr 2024

Russia: President of Russia transfers Agroterra Holding's assets under temporary government administration

Announced: 03 Apr 2024

Russia: President authorises transactions with foreign-held shares in Geo Saha LLC

Announced: 19 Mar 2024

Russia: President authorises certain foreign investors' transactions related to Highland Gold

Announced: 19 Mar 2024

Russia: President authorises transactions related to Ermakovskoye LLC

Announced: 11 Mar 2024

Russia: President authorises the sale of Poligon-Technogen to Norilsk Nickel

Announced: 20 Feb 2024

Russia: President authorises certain foreign investors' transactions related to Polymetal JSC and Taseevskoye LLC

Announced: 19 Feb 2024

Russia: President authorises the acquisition of Russian HSBC subsidiary by a local bank

Announced: 15 Feb 2024

Russia: President authorises certain foreign investors' transactions related to Renaissance Insurance Group and Ozon Holdings Plc

Announced: 14 Feb 2024

Russia: President authorises certain foreign investors' transactions related to Yandex Bank

Announced: 05 Feb 2024

Russia: President authorises the purchase of Grundfos Holding's subsidiary by a Russian company

Announced: 02 Feb 2024

Russia: President authorises certain foreign investors' transactions related to Russneft JSC

Announced: 19 Dec 2023

Russia: President orders a transfer of OMV and Wintershall Dea's shares in Russian gas joint ventures with Gazprom to a newly created Russian entity

Announced: 23 Nov 2023

Russia: President signs a decree allowing the transactions related to JSC "Russian Coal"

Announced: 15 Nov 2023

Russia: President signs a decree allowing the transactions with USM

Announced: 28 Sep 2023

Russia: President of Russia authorises Intesa's divestment from Russia

Threads

See all

Liberalising Trade Policy Measures

This Thread tracks liberalising trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

14455

interventions

186

jurisdictions

Economic Sanctions Related to the Russian Invasion of Ukraine

This Thread outlines restrictions on trade, financial transactions, and economic activities imposed on commercial entities by any jurisdiction, provided these measures are directly related to the Russian invasion of Ukraine. Additionally, the Thread includes sanctions against non-Russian commercial entities from other jurisdictions if these measures were adopted on the grounds of their involvem...

Published: 09 Jan 2025

1543

interventions

43

jurisdictions

Foreign Direct Investment: Restrictions and Regulations

This Thread documents policy interventions affecting foreign direct investments (FDI) since 2017. Specifically, it encompasses screening mechanisms, foreign ownership limitations and other policies affecting international investors’ operations.

Published: 31 Jan 2025

940

interventions

87

jurisdictions