Date: 7 months ago   Category: Economy

The Ministry of Finance has suggested to change currency regulation for minimization of effect of sanctions — Rambler News Service


The Ministry of Finance has prepared the bill of introduction of amendments to the law "On Currency Regulation and Currency Control" which purpose is minimization of consequences from sanctions, follows from the explanatory note to the bill which is published on the portal of drafts of standardly legal acts. "The purpose of the bill is minimization of consequences of introduction by the foreign states, the state associations and (or) the unions and (or) the public (interstate) institution of the foreign state or the state association and (or) the union concerning certain residents of measures of restrictive character (further – measures of restrictive character) and creating favorable conditions for implementation by such residents of foreign economic activity", - it is said in the explanatory note to the document. So, the bill offers to give the chance to the resident legal persons who have fallen under sanctions of the foreign states at implementation of the foreign trade activity to carry out without use of bank accounts in authorized banks settlings with nonresidents in foreign currency and/or rubles on condition of implementation of payments for the goods transferred to nonresidents, the works rendered to them services, information transferred to them and results of intellectual activity, including the exclusive rights to them to accounts of the third parties performed for them (legal entities – residents and/or legal entities – nonresidents) in the banks located outside Russia or performance of obligations of such residents before nonresidents in other form according to business customs and conditions of prisoners between such residents and nonresidents of the foreign trade contracts (contracts). Besides, the document offers to allow the residents who have fallen under sanctions, not to enlist foreign currency and currencies of the Russian Federation into the accounts in authorized banks in some cases.

URL:

The problem of deterioration of oil on the western direction has technical character and will be eliminated in the nearest future, it is said in the statement of the Ministry of Energy. "In connection with the numerous publications in media on a subject of deterioration of the Russian oil transported in the western direction, Minipower Russia notes...


The Belarusian-Russian meeting on questions of supply of oil is planned for April 23, the deputy prime minister of Belarus Igor Lyashenko said, BelTA tells. "The team of Belneftekhim and the director of oil refineries leave on Transneft on Tuesday next week for discussion of a situation" — Lyashenko at a meeting of operational staff on control of a...


Photo: The State strategy of economic development of the DPRK for 2016-2020 is directed to RIA Novosti to economic growth in 8% and strengthening of ties with Russia and other countries to leave from dependence on China. The Japanese newspaper Mainichi with reference to documents of South Korean researchers reports about it. It is noted that strate...


Photo: ITAR-TASS Belneftekhim made the decision to temporarily limit export supply of oil products, the vice-chairman of concern Vladimir Sizov said, BelTA reports. "Taking into account holding a sowing campaign, the available risks on processing of raw materials with the worsened quality we made the decision on temporary restriction of supply of o...


Social media platforms, including WhatsApp, Viber and Facebook, were temporarily blocked after a series of explosions on Sri Lanka this morning. The Ada Derana portal reports about it. Today, as reports to AFP, on Sri Lanka there were two more explosions. Earlier the News 1st portal reported that the number of the victims of a series of explosions...


Representatives of the USA and Great Britain will be invited to the Crimea to the Yalta conference in the 2020th year, the cochairman of the Business Russia organization Andrey Nazarov said, acting on YaMEF. "The Yalta conference will be devoted to the 75 anniversary of those Yalta agreements which were signed with Union States in 1945. We will inv...