In the United States decided to fight for sanctions against RUSAL

In the United States decided to fight for sanctions against RUSAL

In the U.S. Congress will be submitted a new resolution which will not allow the Ministry of justice to lift sanctions against companies RUSAL, En+ and “EvroSibEnergo” the Russian businessman Oleg Deripaska. This was announced by the Congressman-Democrat Stanny Hoyer, reports Bloomberg.

He indicated that he understands the decision of the Ministry of justice, aimed to reassure the world aluminum market, however, the solution raises questions. In addition, according to him, the speech of the Minister of Finance Steven Mnuchin in front of Congress last week “raised more questions than answers”.

TASS reports that Hoyer has already made in the house of representatives a resolution to abolish the decision about the lifting of sanctions. He pointed out that Congress should be able to thoroughly check any kind of settlement on Deripaska. Hoyer added that when asked Mnuchin to postpone the lifting of sanctions until February 28.

In December 2018, the U.S. Treasury announced that it intends to withdraw the company from Deripaska under the sanctions. This will happen provided that the acting Chairman of the Board of Directors of “RUSAL”. Matthias will retire. Moreover, Deripaska will lose the opportunity to appoint members of the Board of Directors.

Members of the house of representatives has subjected this decision to harsh criticism. Politicians fear that Russian businessman retained control of the companies.