FT: France invited the European leaders to convince trump to soften sanctions against Russia

FT: France invited the European leaders to convince trump to soften sanctions against Russia

As reports Financial Times, citing sources, France suggested that Germany, Italy and the UK to convince the US to soften sanctions against Russia.

European official told the newspaper that the idea of France shows growing concern of the European politicians about the effect of sanctions on key sectors of the European economy.

According to the publication, German companies have expressed concern at the fact that sanctions in relation to, in particular, “RUSAL” will change the production chain in the automotive and aerospace industry and will increase the price of steel and raw materials.

The latest U.S. sanctions were imposed in early April, against 38 Russian companies, businessmen and politicians. The list includes, in particular, the businessman Oleg Deripaska and controlled company RUSAL, En+ and the group GAS. Subsequently, RUSAL asked about the preferences on the wholesale energy market. We can talk about the refusal of payments on compulsory contracts for the supply of power that cost the company 8 billion rubles a year.

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