Category: Special Reports

New this week: October 27th: President Putin announced that he would extend the moratorium on inspections of business until the end of 2023.

New this week: October 20th: The government will postpone, until the end of 2023, the ban on acquiring or leasing retail facilities from foreign companies selling retail food products.

New this week: October 7th: A Presidential Decree sets new rules for some Sakhalin-based production sharing agreements (PSA) operated by Exxon, on a similar model to other Sakhalin PSAs.

New this week: October 2nd: The Russian government imposed a retaliatory ban on trucking in Russia for companies from the EU countries, Norway, Ukraine and the UK. The decree comes into force on October 10th and will be valid until December 31st .

New this week: September 23rd: A government decree says that the jobs of mobilized citizens should be suspended but not terminated and should resume after military service.

New this week: September 2nd: Kommersant reported that the government is considering banning the import of vegetable fats used in confectionary manufacturing as a retaliation for sanctions. This could affect 6.2% of production and will be implemented over three years.

New this week: August 25th: Russian government submits proposal to EaEU intergovernmental council to expand the use of national currencies in trade settlements, including settlement without using SWIFT.

New this week: August 22nd: The Ministry of Finance expects to resume the purchase of FX for the National Wealth Fund from September. It will only buy CNY.

New this week: August 12th: Ministry of Industry will demand guarantees from companies exporting medical equipment for repair to ensure that the equipment returns to Russia.

New this week: July 29th: The Federal Antimonopoly Service (FAS) has submitted a draft law that would regulate foreign investment in strategic sectors. This is more a bureaucratic power grab by the FAS than a real tightening of regulations, in our view.