Lift the veil of Sovereign Guarantee of Russia
| 作者/编者： | Tian Wenjing(Partner), Gao Zhenkun(Associate), Xu Yue(Assistant Associate), Ma Ke(Intern) | 作者单位： | 金杜律师事务所 |
| 学科分类： | 国际经济法学 | 类型分类： | 综合 |
| 创作年代： | 2016 | 所属机构： | 金杜律师事务所 |
| 出处/来源： | 金杜律师事务所 | 文献语种： | 英文 |
| 发布时间： | 2021-01-21 10:08:43 | ||
| 外部链接： | https://www.kwm.com/en/cn/knowledge/insights/unveil-russias-sovereign-guarentee-20160603 | ||
摘要/简介Abstract
There’s been intense media coverage both at home and abroad about the 400 billion ruble loan China has agreed to provide Russia for the Moscow-Kazan high speed railway project without requiring the sovereign guarantee of Russia. If it is agreed that no sovereign guarantee is required from Russian side, for such a high-profile project, we suppose there have to be other alternative measures to protect the rights and interests of Chinese borrowers and investors. This case illustrates to some extent increasing attention to the sovereign guarantee. This article focuses mainly on the newly amended Russian Budget Code, and presents an overview of the Russian sovereign guarantee system to give a reference point for Chinese enterprises looking to invest or do financing in Russia.
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