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Author Topic: Russia ok's land bill  (Read 3349 times)
Cold Warrior
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« on: October 10, 2001, 04:00:00 AM »

The pillar of capitalism has finally arrived in Russia.The legal right to own land

By THE ASSOCIATED PRESS


Filed at 12:52 p.m. ET


MOSCOW (AP) -- The upper house of Russia's parliament approved a bill Wednesday permitting limited sales of land, a key development after a decade of efforts by Russia's leadership to ease Soviet-era land sale restrictions.

The bill was then to go to President Vladimir Putin, who was expected to sign it. The Communists and their allies have opposed the measure.

The Federation Council, the upper house of parliament, approved the new land code 103 votes to 29, with nine abstentions. The State Duma, or lower house, voted 257 to 130 on Sept. 20 for the new land code in the last of three readings.

Land purchases are currently regulated by many complex laws and regulations approved by local legislatures. The absence of coherent land legislation has also been a deterrent to foreign investors and slowed Russia's economic development.

The code, which applies to sales of nonagricultural land, was strongly pushed by Putin but faced stiff resistance from Communists and their allies, who insisted the legislation would destroy Russia by putting its land in the hands of foreigners and mobsters.

Most land remains government property, as it was during Soviet times when Communist ideology demanded that the state own the means of economic production.

Russia's 1993 constitution permits Russians to buy and sell land, but parliament has balked at passing legislation that would put that right into effect. This time the government was able to muster a majority because the Duma is now dominated by pro-government parties.

Still, the government left the even more difficult issue of farmland to a separate bill to be considered later.

It was not immediately clear how much land would be affected by the new code, with official estimates varying from 3 to 10 percent. The code would set up legal procedures for land sales, including a system of registering deeds.


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Bobby Orr
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« Reply #1 on: October 11, 2001, 04:00:00 AM »

... in response to Russia ok's land bill, posted by Cold Warrior on Oct 10, 2001

I am amazed at the quality of your posts.  I go to this board and search out all your statements first.  I am sure there are others who appreciate your intelligence and insights besides me.
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BarryM
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« Reply #2 on: October 10, 2001, 04:00:00 AM »

... in response to Russia ok's land bill, posted by Cold Warrior on Oct 10, 2001

Bush needs to press for an intellectual property rights agreement with Russia. That would open the gates for foriegn investment and trade. It would also provide an alternative for China.

Intellectual property rights is the #1 stumbling block to unrestricted free trade with Russia. Of course, all the jobs created by such an agreement would pretty much dry up the pool of available RW for us to choose from.

-blm

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Cold Warrior
Guest
« Reply #3 on: October 10, 2001, 04:00:00 AM »

... in response to Just the beginning., posted by BarryM on Oct 10, 2001

The biggest obstacle to ICP is the price for software,drugs,Audio CD's etc. It is not practical for people in poor 3rd world countries to dish out hundreds of dollars for MS Office for example.A better solution would be a differential price scheme allowing cheaper products to poorer countries maybe with some built in copyright protection DVD region style or based on language.
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