Foreign investors from “unfriendly” countries who sell their stakes in Russian companies may be forced to do so at half price or less, the Finance Ministry said, while the Russian budget could get a 10% share of any deal, Al Jazeera reported.

The minutes of the meeting of the commission for monitoring foreign investments listed the measures that can be applied to “foreign persons associated with foreign states who commit unfriendly actions towards Russian legal entities and individuals” during the sale of assets.

“Unfriendly” are those countries that have imposed sanctions against Russia, including members of the European Union, the United States, Japan, Canada, the United Kingdom, and Australia.

“Sale of assets at a discount of at least 50% from the market value of the relevant assets as indicated in the asset valuation report,” reads one of the conditions.

Another condition was that the sellers could be required to make additional payments within a year or two or to transfer 10 percent of the total amount of the deal to the federal budget of Russia.

The Russian economy has not collapsed, but it is not doing very well / Many companies have decided to stay

More than 300 international companies have pulled out of Russia or announced they would be pulling out, suspending or curtailing their operations in the country led by President Vladimir Putin after he ordered his troops to invade Ukraine. But more than 1,000 companies decided to stay in Russia.

The EU imposed unprecedented sanctions against Russia in response to its unprovoked and unjustified invasion of Ukraine on February 24 and its illegal annexation of Donetsk, Luhansk, Zaporizhia and Kherson regions. Added to them are those imposed by other countries, such as the USA and Australia.

Russia’s economy has not collapsed as analysts predicted, and Vladimir Putin is constantly looking for new ways to avoid these measures to fuel his war machine.

Now, more than nine months after Putin ordered the invasion of Ukraine, the shortage of goods is felt by ordinary citizens of the most sanctioned country in the world, where some recipes for sweets have been changed due to restrictive measures, the speed of the Internet is slower, fewer buses ply the streets , and several crematoria are closed.

Link:

• What has changed in the most sanctioned country in the world. Something that the Russians did not expect to lose
• Russia revises GDP growth from 4.7% to 5.6% in 2021 / Analysts do not see anything rosy