What Can International Investors Expect From the Change of Government?
On October 25, Lithuania held the second round of its parliamentary elections. 73 MPs were appointed in the first round on October 11th, with voters then electing the remaining 68 single district MPs to the Seimas, the country’s unicameral parliament, in round two. IGP member Kesarev, takes a deeper look at the election results, as […]
Three Political Hotspots in the Post-Soviet Space
Over recent months, three significant trouble spots have emerged in the post-Soviet space. In Belarus, the political crisis prompted by the disputed Presidential elections has continued for more than two months; in Nagorno-Karabakh, an unprecedented military escalation between Armenia and Azerbaijan started in late September and in Kyrgyzstan, the protests after the Parliamentary elections resulted in a quick power transfer […]
Kazakhstan Snapshot: Incentives for Investors after Covid-19
To respond to the ongoing crisis and stimulate a recovery the Kazakh Government employed a range of new and already-existed tax incentives. The idea is clear – to increase the country’s attractiveness for investors, both domestic and international. Kesarev tries to find the answer why some experts doubt that these measures would be enough to […]
What Next for Belarus? What can International Investors Expect Amidst the Political Crisis?
BELARUS IN TURMOIL The political crisis in Belarus shows no signs of abating. On the contrary, since the hotly-disputed and (as claimed by the EU, the US and others) fraudulent Presidential elections on August 9th, the opposition protests have continued to grow, both in volume and confidence. More than 200,000 people joined the largest ever […]
Update on Ukraine’s New Gambling Legislation
Despite securing Parliamentary approval and being adopted as law, last-minute developments before its enaction could possibly delay the implementation of the new legislation revoking Ukraine’s 2009 ban on gambling. Click here to learn more about this development and its implication.
New Rules of the Game in Ukraine’s Renewable Energy Market
This week, on July 21, the Ukrainian Parliament (Verkhovna Rada) adopted the Law1 on the Improvement of Support Measures for the Production of Electricity from Alternative Energy Sources. The Law is the compromise outcome of long-running negotiations between the Government and international renewable energy investors in Ukraine, reached under the Energy Community Dispute Resolution and […]
Ukraine’s Parliament Revokes 2009 Ban on Gambling
On July 14, the Verkhovna Rada (Parliament) of Ukraine lifted the ban on gambling by adopting the draft law “On state regulation of activities in the organization and conduct of gambling” (2285d) in the second reading and as a whole. The introduction of the ban in 2009 had not lead to the disappearance of gambling, […]
Kesarev prepared a detailed outline of how “Google tax” is walking across the former Soviet Union region
Late June this year, the lower house of the Parliament of Kazakhstan (Majilis) approved in the first reading the draft amendments to the Tax Code introducing the so-called “Google tax” ( extraterritorial online service VAT ) in Kazakhstan. The legislation is expected to pass the final second reading in the autumn and take effect from […]
Social Network Providers Targeted by New Wave of Regulations in Turkey
A draft law targeting social network providers (SNPs) has continued to gain traction after being submitted last month to The Grand National Assembly of Turkey (Parliament) by Halil Öztürk, an MP from the Nationalist Movement Party (MHP). MHP has been supportive of President Erdoğan and established an electoral alliance (People’s Alliance) with the ruling Justice […]
Russian Senate as a highly empowered stakeholder: a new direction for corporate GR
On July 1, the postponed nationwide vote for amendments to the Russian Constitution will be held. The amendments, approved by the Parliament and regional legislative bodies and signed by the President into law in March, will take effect only if approved by the nationwide vote ( which is largely s een as a formality ). […]
