Windfall tax for major companies to be introduced in Russia

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Daily Monitoring of the Legislation

Monitoring of the Federal Legislation dated 12.03.2007

Federal Law No. 33-FZ of March 8, 2007 on the Accession of the Russian Federation to the Budapest Convention on the Contract for the Carriage of Goods by Inland Waterway (CMNI)

The Russian Federation has become one of the member-countries of the Budapest Convention on the Contract for the Carriage of Goods by Inland Waterway (CMNI) of June 22, 2001. Provisions of the Convention apply to international shipments if the port of loading and the port of unloading are located in different states, at least one of which being a member of the Convention.

Federal Law No. 31-FZ of March 8, 2007 on the Ratification of the Protocol on the Amendment to the Protocol to the Agreement between the Russian Federation and the Republic of Kazakhstan on the Delimitation of the Bottom of the Northern Part of the Caspian Sea for the Purpose of Implementation of the Sovereign Rights for the Use of Natural Resources of June 6, 1998

The ratified Protocol brings the legal regime of use of the Central Geological Structure and the deposit of Khvalynskoye in compliance with the legal regime already in use for the geological structure of Kurmangazy on the basis of the Agreement between the Russian Federation and the Republic of Kazakhstan on the delimitation of the bottom of the northern part of the Caspian Sea for the purpose of implementation of the sovereign rights for the use of natural resources.

Federal Law No. 30-FZ of March 7, 2007 on the Ratification of the Agreement between the Russian Federation and the European Community on the Simplification of the Issue of Visas to the Citizens of the Russian Federation and the European Union

The Council of the Federation of the Russian Federation has approved on February 21, 2007 the Federal Law on the ratification of the International Agreement aimed at liberalisation of the regime of mutual trips of citizens of the Russian Federation and the citizens of the member-states of the European Union (except for Great Britain, Denmark and Ireland).

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