Russian President Vladimir Putin has approved a new law aimed at preventing
‘unfriendly’ foreigners from acquiring ownership stakes in Russian
companies. The law comes as a response to mounting tensions between Russia
and several Western nations, targeting investors and entities that may pose
a security risk or hinder Russia’s economic interests. While the move is
seen as a measure to protect national assets, critics argue that it could
further isolate Russia from global markets and stifle foreign investments.
The implementation of this law will have significant implications for
foreign businesses operating in Russia and may impact the overall
investment climate in the country.
‘unfriendly’ foreigners from acquiring ownership stakes in Russian
companies. The law comes as a response to mounting tensions between Russia
and several Western nations, targeting investors and entities that may pose
a security risk or hinder Russia’s economic interests. While the move is
seen as a measure to protect national assets, critics argue that it could
further isolate Russia from global markets and stifle foreign investments.
The implementation of this law will have significant implications for
foreign businesses operating in Russia and may impact the overall
investment climate in the country.
