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Entities from ‘unfriendly countries’ will need Russia’s permission for certain deals

Entities from 'unfriendly countries' will need Russia's permission for certain deals
© Reuters. FILE PHOTO: The sun sets behind the skyscrapers of the Moscow International Business Centre, also known as “Moskva-City”, in Moscow, Russia April 23, 2018. REUTERS/Anton Vaganov

MOSCOW (Reuters) – Deals with securities or real estate, or provision of rouble loans involving entities from countries unfriendly to Russia will require special authorisation from March 2, the Kremlin said in a statement on Tuesday.

The authorisation for deals with Russian residents will be needed from Russia’s government commission in charge of foreign investment, it added.

Source: Investing.com

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