Unexpected turn: the United States decided what to do with Deripaska

Неожиданный поворот: США решили, что делать с Дерипаской

The U.S. Treasury extended the validity of temporary licenses for the activities of companies controlled by the Russian oligarchy Deripaska until January 21.

The U.S. Treasury Department has extended the validity of temporary licenses for the activities of the companies of EN+ Group, Rusal and GAZ Group, the Russian businessman Oleg Deripaska.

Was extended from 7 to 21 January 2019.

This decision extends to U.S. investors closure of contracts and transactions with shares of Russian companies under us sanctions.

Неожиданный поворот: США решили, что делать с Дерипаской

April 6 this year, the United States imposed new sanctions against Russian oligarchs and companies, including against Deripaska (supervises 48,13% of the company Rusal) and Viktor Vekselberg (together with partners, he controls 26.5% of Rusal). Also introduced sanctions against companies that they control.

The hit to the sanctions list means the blocking of assets in the United States and a ban on any business with these companies for American citizens, including any transactions with debt and equity instruments.

The U.S. Treasury initially gave a month for the sale of shares and debt instruments of these companies and two months for the completion of existing contracts. The restrictions were to take effect on 7 may and 5 June, respectively. However, later these deadlines were repeatedly extended.

In September, the U.S. Treasury has allowed clients Rusal to sign new contracts without risk for secondary penalties.

Earlier, trump has promised to lift sanctions of Russia. Washington is ready to lift anti-Russian sanctions, but only under certain conditions. According to the representative of Washington, the sanctions will continue until full implementation by Moscow of its obligations under the Minsk and Crimea sanctions — until the return of the Peninsula Ukraine.

As reported by the portal “Znayu” trump has chosen the new controversial attorney General. The US President Donald trump on Friday nominated William Barr to the position of US attorney General, he already held at the George H. W. Bush.

Also “Znayu” he wrote that the oligarchs Putin declared “undesirable” in Europe, a disgrace to the whole world. The organizers of the annual world economic forum in Davos (Switzerland) was not invited to the event three Russian businessmen, who are under U.S. sanctions. According to sources, are effectively excluded from participation in the event, the head of VTB Andrey Kostin, the owner of group “Renova” Viktor Vekselberg and Rusal co-owner Oleg Deripaska.

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