Category Archives: Law

Strategic Sectors Law Update – Second Meeting of 2011

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

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

Did the Kremlin Violate Russian Procurement Law? Medvedev and Putin Rock Out

Oh Dima, what were you thinking.  Last Friday, Pres. Medvedev and PM Putin engaged in a silly photo op, likely dreamed up by some Kremlin ‘political technologist’ (Surkov!).  The goal: show an intact tandem after a politically turbulent week that … Continue reading

Posted in corruption, Dmitry Medvedev, federal laws, Law, Medvedev, PM Putin, President Medvedev, procurement, Putin, rule of law, russia, tandemocracy, war on corruption | 2 Comments

Legal Update – Russia’s War on Corruption Gets a European Makeover

The Ministry of Justice is drafting amendments to several Russian laws, as part of the country’s effort to join the Group of States against Corruption (GRECO).  According to press reports, the amendments will include at least three significant changes: (i) … Continue reading

Posted in anti-corruption legislation, bribery, corruption, Law, OECD Anti-Bribery Convention, reform, russia, Vedomosti, war on corruption

Legal Update – Strategic Industries Law Amendments

I wanted to wait to discuss this until the draft law was out, but I am tired of waiting so here goes.  The last time we looked at the strategic industries law in March, I posted draft amendments from the … Continue reading

Posted in Economic development, FAS, Foreign direct investment, foreign investment, Law, legal update, legislation, strategic industries | 1 Comment