Russian President Vladimir Putin signed a decree banning the trading of shares of Russian companies on citizens and investors of “unfriendly countries” until the end of this year.
The decision includes banning investors from “unfriendly countries” from buying shares and investing in strategic and affiliated companies, in addition to the “Sakhalin 1” project and the “Kharajinskoye” energy field.
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The decree includes drilling and underground extraction companies, in addition to companies serving the Russian fuel, energy sector and Russian banks.
Putin gave the Russian Cabinet 10 days to prepare a list of Russian companies, banks and transactions, in which the use of shares by foreigners from unfriendly countries is prohibited.
