OREANDA-NEWS. April 17, 2013. The draft law on introducing amendments to the Federal Law “On the Procedures of Foreign Investments in the Business Entities of Strategic Importance for the National Defence and State Security”, devised by the Federal Antimonopoly Service (FAS Russia) and approved by the Government of the Russian Federation, is published on the official FAS web-site to inform the public.

The amendments are aimed at stimulating an inflow of foreign investments to a number of industries. “However, we have to undertake a lot of efforts on the way to economic liberalization. Thus, we are in a continued dialogue with foreign investors and representatives of law firms in order to also take their position into consideration devising the amendments”, commented the Head of FAS Department for Control over Foreign Investments, Armen Khanyan.

Currently, the draft law on introducing amendments to No.57-FZ is submitted to the State Duma for further consideration.

Deputy Head of FAS Andrey Tsyganov is appointed an official representative of the Government of the Russian Federation for considering the draft law on introducing amendments to the Federal Law “On the Procedures of Foreign Investments in the Business Entities of Strategic Importance for the National Defence and State Security” by the Chambers of the Federal Assembly.