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Global Trade Alert

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Russia: Restriction of foreign ownership of Russian news aggregators

Description

On 31 July 2023, the President of Russia signed Federal Law No.406, stipulating that a non-Russian national or a legal entity is not allowed to own (i.e. control over 50%) of Russian news aggregators....

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Intervention Details

Intervention Type

FDI: Entry and ownership rule

MAST Chapter

FDI measures

Implementation date

31 Jul 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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