Global Trade Alert
Global Trade Alert

Russia: President authorises transactions related to Ermakovskoye LLC

Announcement

19 Mar 2024

In March 2024, the president of Russia issued a decree authorising investors from "unfriendly" states to engage in transactions related to the ownership of Ermakovskoye LLC. 

Source

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Number of interventions

2

0 certainly harmful

0 likely harmful

2 liberalising

List of interventions

2 in force

Implementation date

19 Mar 2024

Revocation date:

No revocation date

FDI: Treatment and operations, nes In force

On 19 March 2024, the president of Russia issued Decree No. 89-rp, authorising investors from "unfriendly" states to engage in transactions related to ownership of Ermakovskoye LLC, a Russian iron ore...

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Controls on commercial transactions and investment instruments In force

On 19 March 2024, the president of Russia issued Decree No. 89-rp, authorising investors from "unfriendly" states to engage in transactions related to the capital of Ermakovskoye LLC, a Russian iron o...

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