UPDATE: Counter steps bill provides no restrictions for US firms, people - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

UPDATE: Counter steps bill provides no restrictions for US firms, people

(Adds last paragraph)

MOSCOW, Apr 28 (PRIME) A bill on counter sanctions against the U.S. is of a framework character, all practical measures will be defined by the government, Deputy Head of the economic committee of the Federation Council, parliaments upper house, Vyacheslav Timchenko told PRIME on Saturday.

The bill envisages no specific restrictions against U.S. companies or individuals. This is a framework document, he said.

On April 6, the U.S. imposed sanctions against 38 Russian tycoons, officials and companies. A bill on new countersanctions was submitted to the State Duma, parliaments lower house, on April 13.

Timchenko is sure that the counter sanctions will not result in a mass departure of U.S. companies from Russias market.

Head of the Federation Councils temporary commission on protection of national sovereignty Andrei Klimov endorsed Prime Minister Dmitry Medvedevs initiative to impose sanctions against U.S. companies and individuals.

I am sure all instruments must be used here, he said.

The Federation Council plans to assess each of 16 counter steps proposed by the State Duma primarily from the point of view of their possible impact on Russias companies.

End

28.04.2018 15:08
 
 
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