BarentsNews.com

Central Bank of Russia adopted the new rules and form for banking cards with sample signatures and company seal that should be presented in order to open account in any Russian bank (Direction No. 1297-Y of 21 June 2003).

On 9th of July 2003 the Federal Law No.116-FZ of 7th of July 2003 “On making changes to Article 6 of the Law of the Russian Federation “On Currency Regulation and Currency Control” came into force (the “Law No.116-FZ”).

If foreign company is willing to provide a Russian company for remuneration with a system of exclusive rights, including right to a firm name, protected commercial information, trademark, service mark, etc. than Franchising Agreement between the parties shall be subject to state registration in Russia.

14th of February the Prime Minister of Russian Federation have dismissed Evgeny Nazdratenko from his position as Chairman of the State Fishery Committee.

Evgeny Nazdratenko thinks that the process of allocating the quotas to the regions should be public and transparent.

We want to congratulate you with Christmas and coming New Year, wish you all the best and of cause give you your Christmas card.

Happy holidays!

Norwegian Federation of Seafood and Aquaculture Industries (FHL) expressed doubts about amounts of Russian cod catches presented last week at a joint fisheries conference in Troms?.

The Russian government has declared plans to allot coastal regions part of the revenues collected from auction sales of fishing quotas.

39 enterprises involved in fish processing in the Murmansk region have applied for obtaining special quotas, as the regional committee for fisheries informed.

The Economic Security Board of the Murmansk regional administration has discussed the system of forming the Regional Council for Fisheries, pointing to a more transparent scheme required in this regard.