Establishes the list of aquatic bioresources for which the harvesting by foreign enterprises necessitates prior approval
03 Jun 2023
On 3 June 2023, the Government of the Russian Federation issued Order No.1455-r that establishes the list of 47 types of “harvesting aquatic bioresources” subject to specific protection under Article 7 of the Federal Law No.57 “On Procedures for Foreign Investments in Business Companies of Strategic Importance for National Defence and State Security of 29 April 2008". Under Article 7, certain transactions that lead to the establishment of control by a foreign investor over enterprises engaged in fishing aquatic biological resources are subject to prior approval by the Government Commission for the Control of Foreign Investment in the Russian Federation
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Type:
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Entry and establishment (Approval and admission)
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Industry:
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Primary (Agriculture, forestry and fishing)
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Sources:
