On July 1, local time, Russian President Vladimir Putin signed a presidential decree establishing a new investment mechanism for foreign investors. The Act makes a number of exceptions to counter Western sanctions imposed after the start of special military operations, and allows investors from “unfriendly countries” to invest in Russia. In addition, a special account will also be set up for foreign investors' transactions, which can be used for Russian company securities transactions and cross-border capital transfers, etc., providing additional protection for the rights and interests of foreign investors.

On July 1, local time, Russian President Vladimir Putin signed a presidential decree establishing a new investment mechanism for foreign investors. The Act makes a number of exceptions to counter Western sanctions imposed after the start of special military operations, and allows investors from “unfriendly countries” to invest in Russia. In addition, a special account will also be set up for foreign investors' transactions, which can be used for Russian company securities transactions and cross-border capital transfers, etc., providing additional protection for the rights and interests of foreign investors.