U.S. Treasury

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    U.S. Treasury Intends to Lift Rusal Sanctions

    The U.S. Treasury’s Office of Foreign Assets Control (OFAC) announced its intention to end sanctions on UC Rusal and its parent company En+. The sanctions were imposed in April 2018 targeted Russian businessman Oleg Deripaska and his business empire, which includes Rusal, En+, and other companies in which he owned stakes. The OFAC cited “malign activities” […]