30 Dec 2022 19:07

Authorities expecting discount of at least 50% from 'unfriendly' nonresidents when withdrawing from Russian assets

MOSCOW. Dec 30 (Interfax) - A subcommission of Russia's Government Commission on Monitoring Foreign Investment has decided to take into account a number of conditions, including a discount of at least 50% of the market value of such assets when issuing permits for the sale of shares, stakes (participation) in the authorized capital of Russian assets by foreign persons from "unfriendly" states. This is according to information in an excerpt from the minutes of the meeting of the subcommission of December 22, published on the Russian Finance Ministry's website.