Expands the list of sectors strategic for national security
15 Apr 2022
On 15 April 2022, by the Federal Law No. 92-FZ, the Russian Federation amended the list of activities of strategic importance for the defence and the security of the State. It added to the list the following activities: transportation of goods by sea and inland waters (the list of the goods is to be determined by the Government); and the development of automated information system for air transportation, including the relevant databases, the information and telecommunications network that ensures the operation of the system, and the exercise of operator functions. The last provision will enter into force on 30 October 2022. A foreign investor that owns more than 50 per cent of voting rights in such enterprises will have to receive a confirmation from the government agency that the investment does not pose a security risks or will be required to reduce the share below the 50 per cent cap.
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Type:
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Entry and establishment (Ownership and control, Approval and admission)
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Industry:
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Services (Transportation and storage, Computer programming, consultancy and related activities)
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Sources:
