THIS DAY IN HISTORY:
8 February 1956 The double-decker buses, which became the symbol of the city, were put into operation in London1956 The double-decker buses, which became the symbol of the city, were put into operation in London1910 The organization of "boy scouts" was founded in the United States1910 The organization of "boy scouts" was founded in the United States1724 Peter I established the Russian Academy of Sciences1724 Peter I established the Russian Academy of Sciences
Foreign currency contracts may be banned on the territory of Russia
Foreign currency contracts may be banned on the territory of Russia
The Federal Antimonopoly Service proposed to adopt a draft law prohibiting the linkage of domestic contracts to the exchange rate, as well as to world trade indices. Experts believe that the measure can lead both to the refusal of counterparties to conclude long-term agreements, and to the desire to receive a 100% prepayment.
Such conditions in contracts are usually used by the parties in order to secure against the depreciation of the ruble. Often the initiators are foreign owners of real estate when renting and, for example, metallurgists.
The explanatory note to the bill states that the need to develop it is due to the adoption of measures in a situation of sanctions pressure on Russia.
Regarding the agreements that were concluded earlier, the document provides for the obligation of the parties to change the terms of the contract within a month from the moment the norm is adopted. As for the new agreements, if such a provision is indicated in them, it simply will not work, RBC reports.
At the moment, the document has already been approved by the Ministry of Finance. On March 31, a meeting of the council under the president, at which it is also planned to consider the initiative, is to be held.
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