Overview

On 1 February 2010, a new Federal Law titled ‘On the Fundamentals of State Regulation of Trading Activities in the Russian Federation’ came into force. Armed with this law, the Russian Government will try to limit excessive economic pressure exerted by large retail chains on domestic goods producers and to protect the interests of such producers.

The majority of the restrictive and prohibitive rules of the law are aimed at regulating trading operations involving retail chains. As of 1 August 2010, all trading operations in Russia must comply with the requirements of the law, with foreign companies active participants in these activities.

This article from Pepeliaev Group looks at the influence of this law on the trading business of foreign companies in Russia.

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