Strategic joint stock companies to be required to clear their activities with authorities if foreign states bring claims against them - Putin's decree

Russian President Vladimir Putin has signed a decree "On Measures to Protect the Interests of the Russian Federation in Foreign Economic Activities Conducted by Russian Legal Entities," the Kremlin press service reported on Tuesday.

According to the text of the decree, the president has ordered that open joint stock companies included in the list of strategic enterprises and strategic joint stock companies and their subsidiaries obtain the approval of federal executive bodies authorized by the Russian government to provide information on their activities to foreign bodies, international organizations, union associations of foreign states, the bodies (institutions) of these organizations and associations, including regulatory and/or control bodies if claims are brought against them by foreign bodies, international organizations, union associations of foreign states, the bodies (institutions) of these organizations and associations, including regulatory and/or control bodies "to protect the interests of Russia in foreign economic activities conducted by Russian legal entities."

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