IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 20 Mar 2015 | Removal date: open ended
Still in force

Controls on commercial transactions and investment instruments

On 20 March 2015 the Government of the Russian Federation approved Decree Nr. 256. It stipulates that in 2015 agreements for granting of subsidies to legal entities, as well as budgetary investments or contributions to the registered capital of legal entities must contain as anti-crisis related general measure the prohibition on conversion of these funds into foreign currency. This measure may prevent subsidy recipients from buying goods or services from abroad.

AFFECTED COUNTRIES

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