VEB.RF provides financing to Kamaz Asia Leasing in Uzbekistan
State development corporation VEB.RF and leasing company JV LLC Kamaz Asia Leasing have signed a loan agreement for EUR 12,5 million. The agreement provides for financing the purchase of 250 units of vehicle and special equipment of the KAMAZ brand in the Republic of Uzbekistan. The equipment will then be leased to Uzbek companies.
The government of the Russian Federation approved the ratification of the free trade zone agreement (FTA) between the EEU and Serbia
This agreement opens up opportunities for duty-free trade between the Republic of Serbia and the EEU member countries, namely Russia, Kazakhstan, Kyrgyzstan, Belarus and Armenia.
Providing compensation for tourists spending their holidays in Russia
According to the statement of the Association of tour operators of Russia, tourists who decide to spend their holidays in Russia will get a partial compensation for the costs of tours in the form of cashback on a Bank card "Mir". This possibility is provided by the program for stimulating tourist trips in Russia, developed by Rostourism together with the operator of the Mir payment system.
The regulation of shared construction in Uzbekistan
On May 27, 2020, there has been adopted a Resolution of the President “On measures to regulate the process of shared construction of apartment buildings” No.4732 (the “Resolution No.4732”), which will regulate the usage of proceeds accumulated from equity holders and the construction of buildings on the basis of shared construction.
The Samara office of GRATA International held a webinar: “Force Majeure in Russia and abroad: Practice of application during the pandemic period”
On May 15, 2020 Dmitry Samigullin, partner of GRATA International (Russia) spoke on the consequences of failure to fulfill contractual obligations in Russia and abroad.
GRATA International in Nur Sultan held a joint webinar with AIFC
On April 21, 2020, a webinar on the topic «Covid-19: Legal Aspects under the Law of Kazakhstan and AIFC» was held.
GRATA International attended the annual AIFC Legal Talks event
On April 17, 2020, the AIFC Legal Talks event was held in webinar format on the theme: “How to use the AIFC Law online”.
Uzbekistan and Saudi Arabia have signed agreements for the total amount of USD 2 billion
Ministry of Energy of the Republic of Uzbekistan and Saudi Arabian energy company ACWA Power have signed agreements for the total amount of USD 2 billion.
The procedure for approval of interested party transactions has been clarified
On November 15, 2019, amendments to the Federal law "on joint stock companies" and the Federal law "on limited liability companies" came into force, regulating the new procedure for approving interested party transactions.
Rules for registration of contracts related to industrial property objects, selective breeding achievements were approved
The Rules establish the procedure for registration of an agreement on the assignment of a security document for an industrial property object, selective breeding achievement, license agreement on granting the right to use them, an agreement on the pledge of the exclusive right of an industrial property object and a technology transfer agreement.