Investment Policy Monitor
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UNCTAD has been collecting information on changes in national foreign direct investment (FDI) policies on an annual basis since 1992. This collection has provided input to the analysis of global and regional investment policy trends in the World Investment Report, the quarterly Investment Policy Monitor (since 2009) and the UNCTAD-OECD Reports on G20 Measures.
In 2011, to further strengthen the quality of reporting, UNCTAD revised the methodology of monitoring investment policy measures. and revised the measures going back to 2000 accordingly.
The Investment Policy Monitor provides the international investment community with country-specific, up-to-date information about the latest developments in foreign investment policies.
Through its monitoring of investment policy changes, UNCTAD offers cutting-edge and innovative contributions to investment policy discourse, and contributes to preparing the ground for future policymaking in the interest of making foreign investment work for growth and development.
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Note: the policy measures are identified through a systematic review of government and business intelligence sources. Measures are verified, to the fullest extent possible, by referencing government sources. The compilation of measures is not exhaustive.
Disclaimer: the boundaries and names shown and the designations used on this map do not imply official endorsement or acceptance by the United Nations.
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- Russian Federation - Introduces additional restrictions targeting individuals and entities from "unfriendly" foreign States
Russian Federation
Introduces additional restrictions targeting individuals and entities from "unfriendly" foreign States
04 Aug 2023On August 4, 2023, the Russian Federation enacted Federal Law No. 422-FZ, amending the Federal Law of December 30, 2006, No. 281-FZ, which deals with special economic measures. This new law introduces additional economic restrictions targeting individuals and entities from "unfriendly" foreign States. Special economic measures can be initiated by the President based on proposals from various governmental bodies, and the specific actions prohibited by the law are determined by the Government. Restrictions may include freezing financial assets, imposing non-financial limitations, suspending cooperation programs, altering customs duties, restricting access to Russian ports and airspace, and limiting tourism activities. Restrictions on various financial activities include receiving funds in Russian accounts, including pensions, scholarships, and social benefits. The Bank of the Russian Federation is responsible for overseeing compliance with these measures and has the authority to impose penalties, including activity restrictions and fines of up to 5 million rubles. The law will come into effect on 1 February 2024.
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Type:
- Treatment and operation (Operational conditions )
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Industry:
- Not industry specific
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Sources:
- publication.pravo.gov.ru, Федеральный закон от 04.08.2023 № 422-ФЗ "О внесении изменений в отдельные законодательные акты Российской Федерации", http://publication.pravo.gov.ru/document/0001202308040014?index=11, 04 Aug 2023
- Stonebridge Legal, Дополнены ограничительные меры в отношении недружественных иностранных лиц, https://stonebridgelegal.ru/ru/analytics/dopolnenyi-ogranichitelnyie-meryi-v-otnoshenii-ned, 07 Aug 2023
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UNCTAD has been collecting information on changes in national foreign direct investment (FDI) policies on an annual basis since 1992. This collection has provided input to the analysis of global and regional investment policy trends in the World Investment Report, the quarterly Investment Policy Monitor (since 2009) and the UNCTAD-OECD Reports on G20 Measures.
In 2011, to further strengthen the quality of reporting, UNCTAD revised the methodology of monitoring investment policy measures. and revised the measures going back to 2000 accordingly.
The Investment Policy Monitor provides the international investment community with country-specific, up-to-date information about the latest developments in foreign investment policies.
Through its monitoring of investment policy changes, UNCTAD offers cutting-edge and innovative contributions to investment policy discourse, and contributes to preparing the ground for future policymaking in the interest of making foreign investment work for growth and development.
-
Note: the policy measures are identified through a systematic review of government and business intelligence sources. Measures are verified, to the fullest extent possible, by referencing government sources. The compilation of measures is not exhaustive.
Disclaimer: the boundaries and names shown and the designations used on this map do not imply official endorsement or acceptance by the United Nations.