IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

state-controlled

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: No inception date

Controls on credit operations

On 27 May 2015 in the State Duma, the Lower House of the Russian Parliament, was registered for discussion draft bill 802943-6. It proposes to prohibit Russian state-owned banks from financing international projects for the construction of hotels in Russia.
In order the new draft law to enter into force, it must be approved by the State Duma on three readings, by the Federation Council and by the President of the Russian Federation.
The GTA will provide further details, when they become available.

AFFECTED COUNTRIES

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