• SENSEX
    NIFTY 50
Commodities

US lifts sanctions on Rusal, other firms linked to Russia's Deripaska

Updated : January 28, 2019 07:28 AM IST

Earlier this month, 11 of Trump’s fellow Republicans in the US Senate joined Democrats in a failed effort to keep the sanctions on Rusal, its parent, En+ Group Plc, and power firm JSC EuroSibEnergo.
Advocates for keeping the sanctions had argued that Deripaska, an ally of Russian President Vladimir Putin, retained too much control over the companies to lift sanctions imposed in April to punish Russia for actions including its annexation of Ukraine’s Crimea, efforts to interfere in US elections and support for Syria’s government in its civil war.
Some lawmakers from both parties also said it was inappropriate to ease the sanctions while Special Counsel Robert Mueller investigates whether Trump’s 2016 presidential campaign colluded with Moscow.
US lifts sanctions on Rusal, other firms linked to Russia's Deripaska

You May Also Like

Live TV
Advertisement