FURTHER IMPROVEMENT OF THE INVESTMENT CLIMATE IN RUSSIA AS A RESULT OF MODERNIZATION OF THE RUSSIAN CIVIL CODE
https://doi.org/10.21684/2412-2343-2014-1-1-98-107
Abstract
This article traces the history, and discusses some of the recent changes in the Russian Federation Civil Code, which result in a more favorable business climate inRussia. In particular, it discusses the development of changes related to the documentation of contracts, expansion in the durations and uses of powers of attorney, and the modernization of the statute of limitations period for bringing an action.
">Russia >About the Author
V. MusinRussian Federation
Valery Musin (St. Petersburg, Russia) – Professor of Civil Procedural Law and Head of the Civil Procedural Department
(7/9 Universitetskaya emb., St. Petersburg, 199034, Russia)
References
1. UNIDROIT Principles of International Commercial Contracts 2010 347, 353–54, 356 (UNIDROIT 2010), available at <http://www.unidroit.org/english/principles/contracts/ principles2010/integralversionprinciples2010-e.pdf> (accessed Jan. 29, 2015).
2. Арбитражная практика: Практика внешнеторговой арбитражной комиссии, 1971–1974 гг. Ч. 7 [Arbitrazhnaya praktika: Praktika vneshnetorgovoi arbitrazhnoi komissii, 1971–1974. Ch. 7 [7 Arbitration Practice: Practice of the Foreign Trade Arbitration Commission]] 8–9 (Chamber of Commerce and Industry of the USSR 1979).
3. Гражданский кодекс Российской Федерации [Grazhdanskii Kodeks Rossiiskoi Federatsii [Civil Code of the Russian Federation]], available at <http://www.russiancivil-code.com> (accessed Jan. 29, 2015).
4. Концепция развития гражданского законодательства Российской Федера- ции // Вестник Высшего Арбитражного Суда Российской Федерации. 2009. № 11. С. 8–99 [Kontseptsiya razvitiya grazhdanskogo zakonodatel’stva Rossiiskoi Federatsii // Vestnik Vyshchego Arbitrazhnogo Suda Rossiiskoi Federatsii. 2009. No. 11. S. 8–99 [Concept of the Development of the Civil Legislation of the Russian Federation, 2009(11) Bulletin of the Supreme State Arbitration Court of the Russian Federation 8–99]], available at <http://base.garant.ru/12176781> (accessed Jan. 29, 2015).
Review
For citations:
Musin V. FURTHER IMPROVEMENT OF THE INVESTMENT CLIMATE IN RUSSIA AS A RESULT OF MODERNIZATION OF THE RUSSIAN CIVIL CODE. BRICS Law Journal. 2014;1(1):98-107. https://doi.org/10.21684/2412-2343-2014-1-1-98-107