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The Restrictive Measures Of the US Did not Affect American Business In Russia
August 4, 2017 17:36


An attempt to push Russia away from the energy market in Europe is doomed to failure, new sanctions have not affected the American business in the country. This was reported by the Head of the American Chamber of Commerce in Russia (AmCham) Alexis Rodzianko on Thursday, August 3.

The restrictive measures of the US that entered into legal force did not affect American business in Russia, as Rodzianko stressed. “All those sanctions that were legalized have already existed, so nothing has significantly changed” - the Head of AmCham emphasized.

On August 2, the US President Donald Trump signed a law on new anti-Russian sanctions adopted by the US Senate on July 27. According to the new package of anti-Russian sanctions, American companies and individuals are prohibited to lend money to Russian banks for longer than 14 days (previously this period made up 90 days). In addition, the term of financing Russian companies in the oil and gas sector is limited.


Author: Anna Dorozhkina


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