Category Archives: legal update

What to Make of Putin’s Anti-Offshore Crusade

Posted on January 22, 2012 by

Last month, PM Putin addressed the Government Commission on Electricity Generation. At the meeting, Putin launched into a searing critique of Russian companies using offshore “front companies.” Indeed, Putin noted, “Taking the Russian economy and its strategic sectors out of … Continue reading →

Posted in Business, Business and Economy, corruption, Dmitry Medvedev, Gazprom, goskorporatsii, legal update, offshore, PM Putin, President Medvedev, Rostekhnologii, russia, state corporations, utilities companies, Vedomosti, Vladimir Putin, war on corruption | 2 Comments

Strategic Sectors Law Update – Draft Amendments and Commission on Foreign Investment Meeting

Posted on November 10, 2011 by

Last week, PM Putin chaired the latest meeting of the Commission on Foreign Investment and the following day the draft amendments to the Strategic Sectors Law (SSL) entered their third reading, after languishing in 2nd reading purgatory since the summer. … Continue reading →

Posted in Foreign direct investment, foreign investment, legal update, legislation, PM Putin, President Medvedev, prokhorov, Rostekhnologii, russia, strategic industries

Strategic Sectors Law Update – Second Meeting of 2011

Posted on July 21, 2011 by

On July 20, 2011, the Commission on Foreign Investments met for the second time this year and reviewed 13 applications from foreign investors wishing to pursue business projects in Russia. Deals Reviewed Total S.A.–20.5%–>OAO “Yamal LNG” This is part of … Continue reading →

Posted in Business and Economy, economics, Foreign direct investment, foreign investment, Gazprom, Gazprombank, Law, legal update, legislation, Novatek, offshore, oligarchs, russia, Russian economy, strategic industries, Timchenko

Strategic Sectors Law Update – Draft Amendments and First Meeting of 2011

Posted on March 30, 2011 by

Strategic Sectors Law Amendments On February 17, the Russian government submitted amendments to the Strategic Sectors law.  The only substantive change the amendments address is the ownership issue I covered here – i.e., that the law currently applies to any … Continue reading →

Posted in Business, Foreign direct investment, foreign investment, Government of Russia, Law, legal update, legislation, moscow, oligarchs, PM Putin, Putin, reform, reserves, russia, Russian economy, strategic industries, Vladimir Putin | 1 Comment

Strategic Sectors Law Update – Latest Approvals and Exclusive Draft Amendments

Posted on August 9, 2010 by

Last week the Commission on Foreign Investment met for the third time this year and approved seven major deals.  At the meeting, PM Putin noted that “foreign investment in our national economy was $21 billion in the first six months … Continue reading →

Posted in Foreign direct investment, foreign investment, legal update, legislation, PM Putin, Putin, russia, strategic industries