Announcement
30 Oct 2024
In October 2024, the Russian government increased from 50% to 60% the discount to be made and from 15% to 35% the “voluntary contribution” to the Russian budget to be paid by companies from "unfriendly states" as a condition to obtain government approval for their divestment from the Russian market. In addition, all divestments worth more than RUB 50 billion (USD 515.87 million) will require the approval of the Russian president.
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Number of interventions
3
1 certainly harmful
2 likely harmful
0 liberalising
List of interventions
Implementation date
30 Oct 2024
Revocation date:
No revocation date
Updated: 30 Oct 2024
Controls on commercial transactions and investment instruments
In force
On 30 October 2024, the Russian Ministry of Finance published the minutes of the meeting of the Subcommittee of the Government Commission for Control over Foreign Investments in the Russian Fe...
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Updated: 30 Oct 2024
FDI: Treatment and operations, nes
In force
On 30 October 2024, the Russian Ministry of Finance published the minutes of the meeting of the Subcommittee of the Government Commission for Control over Foreign Investments in the Russian Fe...
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Implementation date
30 Oct 2024
Revocation date:
No revocation date
Updated: 30 Oct 2024
FDI: Treatment and operations, nes
In force
On 30 October 2024, the Russian Ministry of Finance published the minutes of the meeting of the Subcommittee of the Government Commission for Control over Foreign Investments in the Russian Fe...
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Related State Acts
18 Apr 2025
Russia: President instructs the government to adopt additional restrictions for foreign investment and commercial transactions by entities from "unfriendly" states
26 Sep 2023
Russia: The size of the "voluntary contribution" upon divestment is increased to 15% of the market value
27 Mar 2023
Russia: Imposition of a mandatory payment upon divestment by the companies from "unfriendly" countries
17 Jan 2023
Russia: Authorisation for certain companies to exclude the votes of shareholders from the "unfriendly" countries
30 Dec 2022
Russia: Government imposes additional restrictions on divestment and capital repatriation by the firms from "unfriendly countries"
15 Oct 2022
Russia: Restrictions on foreign investments in the Russian financial organisations from the "unfriendly" countries
08 Sep 2022
Russia: Restriction for the investors from "unfriendly states" in the "establishment, modification or termination" of ownership of Russian LLCs
05 Aug 2022
Russia: Restrictions on foreign investment and commercial transactions in the energy and financial sector
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