A previous draft law had prime focus on strategic mineral resources. The new draft however is far more extensive The legislation has now grown to cover fishing, television, radio and Internet service providers, the Duma committee on Construction and Land Policy said. In addition, printing companies and publishing houses, which include newspapers, would be considered strategic if they dominated the market, it said. The bill sets new conditions for foreign investors who want to own more than 50 percent of a company, including new rules on how to seek permission for deals and on how a government commission should rule on the requests, the committee said without elaborating, the Moscow Times reports.
