US says postpones sanctions against GAZ Group anew, to March 31 - Engineering & Hi-Tech - 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

US says postpones sanctions against GAZ Group anew, to March 31

WASHINGTON, Nov 5 (PRIME) -- The U.S. Treasury Department has prolonged the postponement of sanctions against Russia’s GAZ Group to March 31, 2020, according to a document published on November 1.

On April 6, 2018, the U.S. imposed sanctions against 38 Russian tycoons, officials and companies, including multi-industry holding En+ Group, GAZ Group, holding Basic Element, and aluminum giant UC RUSAL.

The authority excluded En+ Group, RUSAL, and power producer EuroSibEnergo from the sanctions in January 2019 after key shareholder Oleg Deripaska reduced his stake in En+ Group to less than 44.95%. But the tycoon and GAZ Group, which he controls through Russian Machines, remained on the blacklist. Nevertheless, the sanctions were postponed several times.

End

05.11.2019 08:19
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 78.2611 +0.3542 29 may
USD 71.1012 +0.0377 29 may
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1235.72 +1.94 15:56 28 may
micex 2773.11 +1.17 15:56 28 may
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 196.25 +0.78 15:41 28 may
lkoh 5408.00 +1.04 15:41 28 may
rosn 376.05 +0.31 15:41 28 may
sber 202.27 +1.89 15:41 28 may
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 77.8900 -0.4000 14:59 28 may
USDTD 71.2825 +0.6625 17:44 28 may