Category Archives: strategic industries

Russian Business Environment Update – Part I

Economic Fundamentals Economic indicators over the past year were mixed, although a consensus view appears to be forming that they were a net negative and, notably, underscored the long-run structural deficiencies in Russia’s economic development model rather than short-term risks. … Continue reading

Posted in corruption, foreign investment, PM Putin, russia, strategic industries

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

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

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 Amendments Submitted for 2nd Reading

Today, the Strategic Sectors Law (SSL) Amendments were submitted for their second reading.  The SSL Amendments will also likely undergo a third reading, and the assumption is that the changes between the second and third readings will be more substantial … Continue reading

Posted in foreign investment, Medvedev, President Medvedev, russia, strategic industries

2012 Presidential Campaign Launches in Russian Style – Part II

[TRM’s second installment on recent events in Russia] Medvedev made quite a few headlines two weeks ago with a series of moves that signaled a renewed push to ‘improve the investment climate’ in Russia.  This is, of course, not a … Continue reading

Posted in Business, clans, compliance, corruption, Foreign direct investment, foreign investment, goskorporatsii, Government of Russia, Kremlinology, ldpr, Medvedev, oligarchs, PM Putin, power vertical, President Medvedev, Putin, Putin's Plan, rule of law, russia, Russian economy, siloviki, state corporations, strategic industries, tandemocracy, Vedomosti, Vladimir Putin | Tagged , , , , , , | 3 Comments

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

Strategic Sectors Law Update – Latest Approvals and Exclusive Draft Amendments

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