Putin allows easing of restrictions on withdrawal of dividends from the Russian Federation abroad for the development of Russian trade

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Russian President Vladimir Putin has authorized the easing of restrictions on withdrawing dividends from Russia abroad if it is aimed at developing Russian trade. He expressed this at the congress of the Russian Union of Industrialists and Entrepreneurs (RSPP).

He noted that this decision was determined by the need to protect the interests of the Russian economy and business.

“If decisions are made regarding our business, if some wrong and illegal means are used regarding Russian assets and gold and foreign currency reserves, this will require us to take appropriate action, including the payment of dividends. and it is sent to accounts C.” The head of state said that it was impossible to take it abroad.

He stressed that Russia had to take measures to limit the withdrawal of dividends to the West in response to the confiscation of Russian assets there.

In March last year, the Central Bank of the Russian Federation declarationHe took measures to prevent the mass sale of Russian securities and the withdrawal of funds from the financial market.

In connection with the start of Russia’s special military operation in Ukraine, a number of Western countries imposed large-scale sanctions on Russia and froze Russian assets found. With information At the end of 2022, EU countries froze 68 billion Euros of Russian assets.

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