Russia Duma Passes First Reading of Kaliningrad SEZ Investment Accounting Amendments

The Russian State Duma passed the first reading of bill №1265998-8, allowing Kaliningrad SEZ residents to treat R&D and technological expenditures as capital investments and extending the investment period for new residents from 3 to 6 years. The bill is in early legislative stages and subject to amendment. It signals a modest pro-investment policy shift for the exclave, but market impact is limited.

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