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Media: Russia may lift limits for foreign ownership in Russia's strategic mineral deposits

March 02, 2015, 9:26 UTC+3
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MOSCOW, March 2. /TASS/. The Russian government may simplify the p[rocedure for foreign investors' participation in Russia-based extraction projects. The Ministry of Natural Resources suggests permitting foreigners to own a share of up to 25% in strategic mineral deposits with no additory coordinaton, and a share of up to 49% by a decision of a government commission, reports the Russian Kommersant newspaper notin Chinese companies could become the first ones to use the new opportunities.

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