Strategic Listings on Agenda

By The Moscow Times

March 14, 2012

The Federal Anti-Monopoly Service is proposing that strategic state companies be allowed to place up to 25 percent of their stock on foreign exchanges without having to secure the approval of the governmental commission for oversight of foreign investment in strategic sectors, the service's chief Igor Artemyev said Wednesday.

"We think it should be 25 percent without commission approval," he said.

Artemyev said the next meeting of the commission for foreign investment might take place in April. He added that the commission might look at other options, and "maybe they'll allow 50 percent."

(MT)

… we have a small favor to ask.

As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just 2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Continue