The procedure for paying dividends to foreign shareholders will be determined by the authorities.

The government is going to submit relevant proposals by the end of May. The President instructed the government to determine the procedure for paying the profits of Russian companies to their foreign participants from the list of unfriendly countries.

How payments will be made will be clarified if companies are engaged in business development, expansion of production, new technologies and investments.

The Government will send proposals to the Prime Minister by May 20.

Earlier, the Federation Council adopted an order tightening the rules for foreign investors. These were amendments that simplified the procedure for the Russian authorities to recover property from unscrupulous investors of participants in strategic companies.