Moscow toughens response to Western sanctions ...News

Access to the profits of Russian companies limited to creditors from ‘unfriendly countries’ Russian President Vladimir Putin signed a decree on Wednesday that introduces a temporary procedure for the distribution of profits of domestic firms to those from ‘unfriendly countries’ to whom such payments are due. The document was published on the official government portal for legal information. In particular, the document says that “if a decision is made on the distribution of profits,” the payment of such profits to what are called "foreign creditors" will now be carried out in accordance with the presidential decree

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Last updated : 04 May 2022 clock 08:21 PM

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Moscow toughens response to Western sanctions ...News

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