Currency converter
^
News Feed
News Search Topics
ОК
Use filter
You can filter your feed,
by choosing only interesting
sections.
Loading

Bill to cut foreign media investments feared to infringe on media independence in Russia

October 06, 2014, 16:33 UTC+3 MOSCOW
Russia's Presidential Council for Civil Society and Human Rights says the bill at present already bans foreigners from establishing media in Russia
1 pages in this article
© ITAR-TASS/Anton Novoderezhkin

MOSCOW, October 6. /TASS/. Mikhail Fedotov, Head of the Presidential Council for Civil Society and Human Rights, told TASS on Monday that the Council had sent its conclusion on a proposed bill, that limits foreign participation in the Russian mass media to 20%, to the president for approval.

The Council said in the conclusion released on its website that a bill "On mass media" in effect at present already bans foreigners from establishing media agencies in Russia; while foreign participation in charter capital of economic entities is limited under a bill “ On the order of making foreign investments into economic communities of strategic importance for Russia's defense and security."

The Council expressed concern, fearing that the proposed measure to limit foreign investments into the media sector might be interpreted as an attempt to undermine the material basis of independent mass media and infringe on the freedom of the mass media in Russia.

Earlier, the State Duma had passed a bill that limits the share of foreign participation in the charter capital of the Russian mass media to 20% The bill passed by the State Duma and approved by the Federation Council, will come into force if signed by the Russian president.

Show more
In other media
Реклама
Реклама