Russia drafts time limit on privatisation lawsuits

Russia is considering a new draft law that would impose a 10-year time limit on legal challenges to privatization deals. This initiative aims to provide greater legal certainty for businesses by reducing the risk of long-term disputes over past asset sales. The proposal comes in response to complaints from business leaders about an increase in state seizures of private property since the conflict in Ukraine began. The law seeks to reassure investors and encourage economic activity by limiting retrospective legal claims.