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Federal Law on Special Economic Measures - Russia and the Republics Legal Materials - Second Series
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22338
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Originally from Russia and the Republics Legal Materials - Second Series
Preview Page Article 1. Legal Foundation of Application of Special Economic Measures
1. The Constitution of the Russian Federation, generally-recognized principles and norms of international law, international treaties of the Russian Federation, the present Federal Law, normative legal acts of the President of the Russian Federation, normative legal acts of the Government of the Russian Federation, and also normative legal acts of federal agencies of executive power adopted in accordance with them, shall comprise the legal foundation of the application of special economic measures.
2. Special economic measures shall be applied in instances of the aggregate of circumstances arising which require an urgent reaction to an internationally unlawful act or unfriendly action of a foreign State or agencies and officials thereof representing a threat to the interests and security of the Russian Federation and/or violating the rights and freedoms of its citizens, and also in accordance with resolutions of the Security Council of the United Nations.
Article 2. Purposes and Principles of Application of Special Economic Measures
1. Ensuring the interests and security of the Russian Federation and/or elimination or minimization of the threat of violations of the rights and interests of its citizens shall be the purposes of the application of special economic measures.
2. Special economic measures shall be applied on the basis of the following principles: (1) legality; (2) glasnost of the application of special economic measures; (3) substantiation and objectivity of the application of special economic measures.
William E. Butler, Emeritus Professor of Comparative Law in the University of London, attached to University College London, is the John Edward Fowler Distinguished Professor of Law at the Dickinson School of Law, Pennsylvania State University, and Founder and Director of The Vinogradoff Institute.
An authority on the legal systems of Russia and former Soviet nations, he is the author, co-author, editor or translator of more than 3,500 books and articles on Russian, Soviet, Kazakhstan, Ukrainian, Uzbekistan, and other Commonwealth of Independent States legal systems. He has acted as Counsel to the EBRD, European Union, World Bank, United Nations, and Department for International Development of the United Kingdom on individual law reform projects.
The recipient of numerous honors for his service to Russian and international law, Professor Butler is Academician of the National Academy of Sciences of Ukraine and the Russian Academy of Natural Sciences, Associate of the International Academy of Comparative Law, and Member of the Russian Academy of Legal Sciences. He has been elected to his fourth term as a member of the Russian International Court of Commercial Arbitration. In 2003 Professor Butler was awarded the G. I. Tunkin Medal by the Russian International Law Association.
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