Monday , June 5 2023

The United States has postponed sanctions on Russian large companies


<p class = "canvas-canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "WASHINGTON (Reuters) – The United States on Friday said it was postponing the enforcement of sanctions against Russian companies EN + , Rusal and Gaz PAO for nearly four weeks as their top shareholder works on a plan to cut his stake. "Data-reactid =" 22 "> WASHINGTON (Reuters) – The US has postponed sanctions on Russian companies EN + , Rusal and Gaz PAO for almost four weeks because their main shareholder is working to reduce their rates.

The US authorities had given the Russian tycoon Oleg Deripask until December 12 to reduce their holdings in these three companies, but stated in a statement that the deadline had been postponed until January 2019.

In April, the US Treasury Department imposed sanctions on Rusal and other countries associated with Deripasku, but has since repeatedly resumed several times as authorities review the blacklist.

According to a statement posted on the website of the US Treasury Department, the Friday movement extends the licenses that apply to authorized companies to allow for the activities required to operate or contract. It also extends licenses to allow transactions necessary to clear debts, equity and other equity.

Rusal, En + and GAZ refused to comment.

(Reports to Tim Ahman and Susan Heavey in Washington and Polina Devitt in Moscow)

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