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Sergei Voitishkin

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On 4 June 2018, President Putin signed the Federal Law “On Measures (Countermeasures) in Response to Unfriendly Actions of the USA and (or) other Foreign States” (the “Law on Countersanctions”). The Law on Countersanctions entered into force on the date of its publication (i.e., on 4 June 2018). Specifically, the Law on Countersanctions includes the following potential countermeasures: Suspension or termination of international cooperation of Russia and Russian legal entities with (i) unamicable states, (ii)…

Draft Bill on Russian Countermeasures On May 17, 2018 Draft Bill No. 441399-7 “On Measures (Countermeasures) in Response to Unfriendly Actions of the USA and other Foreign States” (“Draft on Countermeasures”) was approved by the State Duma of the Russian Federation in the second reading. The scope of the proposed countermeasures remained unchanged. For more details, please see our blog post of May 14, 2018. According to preliminary information, the third reading of the…

The Russian government is preparing to introduce new counter-measures in response to US and EU sanctions. Draft Bill on Russian Countermeasures Last week the State Duma decided to amend Draft Bill No. 441399-7 “On Measures (Countermeasures) in Response to Unfriendly Actions of the USA and (or) other Foreign States” (“Draft on Countermeasures”). As opposed to the initial version of the Draft on Countermeasures, the new version proposes the following five measures: Termination or suspension of international cooperation…

Russian lawmakers have proposed a draft bill which if adopted could result in severe repercussions for almost all economic activity by foreign companies in Russia. On Friday, 13 April 2018 the leaders of all the parties represented in the Russian Parliament introduced Draft Bill No. 441399-7 “On Measures (Countermeasures) in Response to Unfriendly Actions of the USA and (or) other Foreign States” (the “Draft”). The Draft provides for the following measures: Prohibition or restriction on the…