Proposed Changes to Russian Foreign Investments Laws
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Key takeaways:
- The Russian State Duma is considering a draft law proposing amendments to Russian investment laws and regulations.
- The bill is aimed at preventing foreign companies controlled by Russian entities and citizens to benefit from incentives available to foreign investors under Russian foreign investments laws.
- The Federal Antimonopoly Service is expected to propose amendments to the bill to lift certain limitations imposed on offshore companies with respect to the acquisition of the Russian strategic companies.