Big business has spoken out strongly against criminal liability for execution of sanctions

Big business has spoken out strongly against criminal liability for execution of sanctions

Moscow. May 16. INTERFAX.RU Large Russian business has sharply opposed the draft law “On amendments to the criminal code of the Russian Federation” establishes criminal liability for the enforcement of foreign sanctions.

As stated in the RSPP, on Wednesday held a meeting of the Board of the Union, during which were discussed adopted by the state Duma in the first reading of the bill.

“The members of the Board (it includes the largest entrepreneurs of Russia — if) came to the conclusion of categorical inadmissibility of adoption of the bill”, — stated in the message.

The bill, according to members of the Board, “contrary to the President’s policy on waiver of excess criminal responsibility and creates conditions for administrative pressure on business.”

“Under the bill the sanctions are excessive. Criminal legislation should not provide for sanctions against persons, including foreign citizens, for whom the execution of a judgment of a foreign state Union of foreign States or international organizations on the introduction of measures of a restrictive nature is mandatory and failure to comply with this decision leading to the application of sanctions against such persons already in accordance with the law of the relevant foreign States. The compulsion of the Russian economic entities, including state-owned companies and state-owned enterprises to engage in economic actions that are contrary imposed by the US and other countries sanctions may lead to the spread on such subjects secondary sanctions, limiting their ability to work in a global market and an even greater negative impact on the Russian economy”, — said RSPP.

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