Under the document, Russian citizens and companies, the state, its regions and municipalities that have foreign currency obligations to foreign creditors from the list of unfriendly countries will be able to repay them in roubles. For this purpose, a debtor can ask a Russian bank to set up a special rouble account in the name of a foreign creditor and to remit rouble payments in line with the current Central Bank exchange rate, as of the payment day.


At the same time, on a number of parameters, NATO’s present-day political and military guidelines do not coincide with security interests of the Russian Federation and occasionally directly contradict them. This primarily concerns the provisions of NATO’s new strategic concept, which do not exclude the conduct of use-of-force operations outside of the zone of application of the Washington Treaty without the sanction of the UN Security Council. Russia retains its negative attitude towards the expansion of NATO.

Russia and the EU enjoy intensive trade and economic relations. In 2015 trade with the EU accounted for 45 per cent of Russia’s total foreign trade volume. For its part, Russia is EU’s fourth largest trade partner which in 2015 accounted for 6 per cent of its foreign trade. In 2015, after visible contraction in comparison with 2013-2014, trade volume between Russia and the EU stood at 209.5 billion euros. EU companies make up a significant share of total investments to Russia. Russia firmly holds the position of key energy supplier to the EU, satisfying the EU demand for crude oil, natural gas and coal by a third.

Russia will build its relationship with NATO taking into consideration the degree of the alliance’s readiness for equal partnership, unswerving compliance with the principles and standards of international law, the implementation by all its members of the obligations, assumed within the framework of the Russia-NATO Council, not to ensure one’s security at the expense of security of the Russian Federation, as well as the obligation to display military restraint.

Object and Reason-In present conditions documents are required to be placed in the custody of Government officers under a large number of enactments. In many of these Acts no provision exists for the destruction of documents lodged with the Registrar of Joint Stock Companies under the Registration of Societies Act, 1860, the Provident Insurance Societies Act, 1912, the Indian Life Assurance Companies Act, 1912, and the Indian Companies Act, 1913; nor could such papers be dealt with under the Destruction of Records Act, 1879, as it stands. It is accordingly proposed to repeal and re-enact the Act of 1879 so as to make it conform to modern requirements. The principal feature of the draft Bill is that it empowers certain authorities to frame rules for the disposal by destruction or otherwise of documents which they may consider not of sufficient public value to justify preservation, and provides for the delegation to subordinate officers of the rule-making power already vested in the High Court and the Chief Controlling Revenue authorities by Act III of 1879 will not be affected by this Bill. To avoid overlapping, it is proposed to repeal the provisions of the enactments mentioned in the Schedule.

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