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You're reading: Kremlin tightens rules on Russian firms operating abroad
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The move follows the state-controlled gas export monopoly Gazprom’s warning to the European Commission that an EU investigation of its business in Europe affected the interests of a strategic Russian company.

Russian President Vladimir Putin on Tuesday signed the decree, which covers foreign subsidiaries of Russian companies defined by the government as strategic.

“The decree establishes the obligation of a federal executive body to refuse permission to conduct the aforementioned activities if they are capable of damaging the economic interests of the Russian Federation,” said the text of the decree, distributed by the Kremlin.

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