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US postpones sanctions against GAZ Group to Jan 22, 2021

WASHINGTON, Jul 16 (PRIME) -- The U.S. Department of the Treasury has extended the deadline for investors to wind down business with Russian car producer GAZ Group until January 22, 2021, the authority said on Thursday.

On April 6, 2018, the U.S. imposed sanctions against 38 Russian tycoons, officials and companies, including En+ Group, GAZ Group, Basic Element, and RUSAL. The implementation date for En+ Group and RUSAL was also postponed several times.

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16.07.2020 17:49