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Russia Bars Exxon and Other Western Investors From Selling Shares in Strategic Businesses

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Russia has barred investors from nations it deems unfriendly from selling shares in certain strategic enterprises through the end of the year, a move that further strains relations between Moscow and countries that have leveled sanctions against Russia for its war in Ukraine.

The ban went into immediate effect following a decree signed by Russian President Vladimir Putin Friday and is part of a range of other special measures being enacted in the sphere of finance and fuel and energy, Russia’s state news agency, TASS, reported.

Source : The Wall Street Journal

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NEWS7.ASIA :Russia Bars Exxon and Other Western Investors From Selling Shares in Strategic Businesses
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news7.asia Russia Bars Exxon and Other Western Investors From Selling Shares in Strategic Businesses