On 30 January 1967 a Co-Production Agreement was signed between Italy and the Soviet Union. It entered into force on the same day. After the dissolution of the USSR, it has been maintained in force between Italy and the Russian Federation.
The Agreement applies to documentaries and to full length films which are artistically or culturally significant.
Financial participation of a co-producer shall be at least 20%.
On 28 November 2002 a new Agreement has been signed in Rome.