The State Duma lower house of the Russian parliament on Wednesday adopted a government-proposed law ensuring financial protection of Russian tourists from unscrupulous tourist firms. The document provides for bank guarantees to redeem losses or insurance of civil responsibilities. Dishonest firms that fail to meet their commitments regarding the level and quality of services offered, will be fined. A novelty in the law is the size of the liability sum fixed in the contract of insurance of tourist operator’s responsibility, or in a bank guarantee. It cannot be less than five million roubles for international tourist operators, 500,000 roubles for domestic tourist operators, and five million roubles for operators carrying out activities in the domestic and international markets.Read more here.
