ANNOUNCED AS TEMPORARYNo
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.
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