¥Foreign Investment
–May 1991 Union parliament adopts – Principles of Legislation on Foreign
Investments in the USSR
¥Reaffirms right of 100% foreign
capital
¥Expanded range of foreign investors
allowed:
–Juristic persons, stateless persons,
foreign states, international
organizations
–Types of allowable enterprises
¥Joint Ventures
¥Joint-Stock companies
¥Limited-liability companies
¥Partnerships
¥Individual proprietorship firms
¥Granted concessionary rights for
development of natural resources
to foreign investors
¥Addressed questions of the establishment
of and procedures governing
activities of enterprises within so-called Òfree-economic zonesÓ (FEZ)