Wednesday, 27 May 2020

XXXVII, No 18, 16/09/2019

Russia: Regional governments call for lower threshold for inter-state offsets

The state government of the Russian region of Udmurtia has complained that the current offset threshold of RUB1bn ($15.3m) is too high for regional investors and does not allow local areas to benefit from offset transactions. The local government plans to petition the State Duma of the Russian Federation for a change to federal legislation that would waive the threshold.

 

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