Alva Review-Courier -

Treasury lifts sanctions against 3 Russian companies

 

January 27, 2019



WASHINGTON (AP) — The Treasury Department on Sunday announced it was lifting sanctions on three companies connected to Russian oligarch Oleg Deripaska. The move comes despite an effort in Congress to block the action with many lawmakers concerned that the Trump administration is not being tough enough on Russian President Vladimir Putin and his allies.

Treasury said it was removing Russian aluminum giant Rusal and two other companies from its sanctions list on the grounds that the companies have reduced Derapaska's direct and indirect shareholding stake in the three companies.

Congress vo...



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