Politics

Presidential decree on demand and protection of Russian property abroad

Published

1 year ago

January 21, 2024

Melissa

The President of Russia, Vladimir Putin, has signed a decree to allocate funds for the legal protection of real estate of the Russian Federation abroad, including those of the Russian Empire and the USSR. At the same time, funds are also allocated for the search for Russian properties abroad.

Russia allocated funds to the request, layout and legal protection of property belonging to a foreign country, including the times of the USSR and the Russian Empire. An order about it was signed by Russian President Vladimir Putin on January 18, Izvestia reports.

Subsidy for these purposes was received by a foreign property management company, which is part of the Presidential Administration (UDP) of Russia. It is assumed that the funds must cover all financial costs of carrying out the necessary actions.

Another subsidy for the reimbursement of expenses for the maintenance and operation of federal Russian real estate abroad was allocated to the company by decree of the state government.

“To designate the Federal State Unitary Enterprise “Enterprise for Property Management Abroad” under the Administration of the President of the Russian Federation as a recipient of a subsidy provided by the federal budget for financial support of expenses related to the search for real estate of the Russian Federation , the former Russian Empire, the former USSR, the correct registration of the rights of the Russian Federation in relation to the existing federal real estate and the open real estate of the Russian Federation, the former Russian Empire, the former USSR and legal protection of this property,” the document reads.

According to the decree adopted in 2015, the State Department and the Ministry of Foreign Affairs of the Russian Federation must deal with the search and layout, as well as the protection of foreign real estate in Russia, within the limits of their competence. A state subsidy was allocated for these purposes. However, starting in 2021, the rules for the allocation of funds were adjusted, and a request for similar property ceased to be the basis for the allocation of new funds. The current decree restores subsidies and appoints a specific authorized enterprise.

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Melissa

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Politics

EU changes protection status of wolves in Europe

Published

4 hours ago

June 6, 2025

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Politics

Commission adopts Ocean Pact to protect marine life and strengthen blue economy

Published

4 hours ago

June 6, 2025

Laura

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The ocean shapes our economies, our food systems, even the air we breathe. To better protect our ocean, the Commission has adopted a European Ocean Pact, which will help to promote a thriving blue economy and support the well-being of people living in coastal areas.

This Ocean Pact brings together EU ocean policies under one single and coordinated framework. It will do so through a collaborative approach between EU countries, regions, and stakeholders, including fishers, innovators, investors, scientists, and civil society. Six priority areas for action will define this work, namely

protecting and restoring ocean health by supporting EU countries in their efforts to restore degraded coastal marine habitats
boosting the competitiveness of the EU sustainable blue economy including by strengthening the EU’s maritime industry and by introducing a Blue Generational Renewal Strategy, to foster access to young professionals in marine research, ocean tech, and sustainable fisheries
supporting coastal and island communities, and outermost regions by presenting new or updated strategies for these regions and communities
enhancing maritime security and defence by strengthening EU coast guard cooperation and maritime border security
advancing ocean research, knowledge, skills and innovation by proposing an ambitious EU Ocean Observation Initiative
strengthening EU ocean diplomacy and international ocean governance by stepping up its fight against illegal, unreported and unregulated fishing

The European Ocean Pact will be complemented by an ocean act by 2027, which will help to ensure the implementation of the priorities of the pact.  An EU Ocean Pact dashboard will be used to track progress.

 For more information

Press release: Commission adopts European Ocean Pact for a healthy ocean, a competitive blue economy and thriving coastal communities

More information about the European Ocean Pact

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