The United States lifted sanctions against the companies of the Russian oligarch Deripaska

Sanctions were lifted in Rusal, En + and Eurosibenergo, according to the Ministry US Treasury. 19659003] Also to read: What sanctions against Russia are planned in the EU and the United States?

"The US Treasury Department's Foreign Assets Control Department lifted the sanctions imposed on En + Group plc, Rusal and Eurosibenergo against the US Treasury Department (ESE), after the report submitted to Congress on December 19 2018, "reads the document.

The reason for the limitations was that the shares of the Deripaska companies had been significantly reduced, resulting in the loss of control packages. In addition, most of the shares of the board of directors were awarded to independent directors, including US citizens.

At the same time, the sanctions against the Russian oligarch themselves remain in force.

The sanctions against Deripaska were the largest ever imposed on a businessman. and its listed companies.

Previously, the easing of sanctions against Deripaska companies required the administration of US President Donald Trump. According to many experts, this would only confirm the links between Trump and Russia.

The United States imposed personal sanctions on Russian oligarchs close to President Vladimir Putin on January 6. There were also 38 Russian rich men, including Oleg Deripaska. As a result of the sanctions, the Russian oligarchs lost more than $ 12 billion the first day

In December 2018, the US State Department announced its intention to lift the sanctions of three Russian oligarch companies, of which the largest producer of aluminum 30 days. To that end, Deripaska had to reduce its share in the management of these companies.