Of Ratification Of The Agreement Establishing The Black Sea Trade And Development Bank

Original Language Title: О ратификации Соглашения об учреждении Черноморского банка торговли и развития

Read the untranslated law here: http://pravo.gov.ru/proxy/ips/?doc_itself=&infostr=x&backlink=1&fulltext=1&nd=102042330

RUSSIAN FEDERATION federal law on ratification of the agreement establishing the black sea trade and Development Bank adopted by the State Duma June 7, 1996 year approved by the Federation Council June 26, 1996 year to ratify the agreement on the establishment of the black sea trade and Development Bank, signed on behalf of the Russian Federation in Athens December 30, 1994 onwards, with the following statement: "the Russian Federation reserves the right to impose restrictions on the operations of the conducted black sea trade and Development Bank on the territory of the Russian Federation or outside the Russian Federation, if the operations are carried out in the currency of the Russian Federation. In so doing, with no special restrictions imposed on the operations of the black sea trade and Development Bank, it operates in accordance with the normative acts of the Russian Federation governing the activities of non-resident credit institutions as when obtaining the necessary permits and licenses, and banking operations and transactions, foreign exchange transactions, the implementation of payments in the currency of the Russian Federation, the conversion of foreign currency on the internal currency market of the Russian Federation and other financial transactions.
The President of the Russian Federation, b. Yeltsin, Kremlin, Moscow, N July 10, 1996 94-FZ