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November 23.1920-Soviet Russia Rent by Decree

Show:1342 times , datetime:2024-02-23 22:04:45

November 23, 1920 (October 14) Gengshen, Soviet Russia Rent Act promulgated.

1920 11 23, the People's Committee, according to Lenin's instructions promulgated by the People's Committee of the Russian Soviet Federative Socialist Republic concessions made Act provides for the country temporarily unable to operate or develop some companies, mines, forests to foreign capitalists operating in accordance with certain conditions of rental, the lessee to enjoy the preferential treatment. Subsequently, the People's Committee has developed the basic principles of the 10 on the conclusion of the concession contract, to protect labor concessions enterprise Soviet citizens. Many capitalist countries or Group proposed to the Soviet Union after the enactment of the Act, the lease application. Concession policies implemented in the Soviet Union for more than 10 years of development is not only signed 135 concession contract, the lessee a total investment of 48 million gold rubles. In 1938, the Soviet Union canceled the Rent System. (Lsjt.org)

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