Rusal had been punished because the Putin-specic Oleg Deripaska, the Russian Aluminium group had shares. The has the now reduced. Spicy: Deripaska also had contacts to Trumps Ex-Manager Manafort.
The Russian head of state Putin and the Oligarch Deripaska at a conference in November 2014 in Beijing
The USA have cancelled sanctions against the Russian aluminum group, Rusal, and two affiliated companies. The U.S. Treasury Department, said, Rusal, En+ and in the EuroSibEnergo would have reduced the company’s shares owned by the Kremlin-affiliated oligarch Oleg Deripaska and its control over the company terminated. In addition, the company had committed itself to more transparency. The sanctions against Deripaska themselves were still in power, said the U.S. Department of the Treasury.
Democrats for keeping the sanctions
Rusal is the world’s largest aluminum producer outside of China. The American sanctions against the company had driven the demand for Aluminium from China in the past year to a record high.
Washington had imposed last April sanctions against Deripaska, another Russian entrepreneurs and government representatives, will be counted to the circle of power around Russia’s head of state Vladimir Putin. Reasons were given for the punitive measures with the “continuing and increasingly brazen and vicious activities of the Russian government anywhere in the world”. Were called the Russian military operations in Syria and the annexation of the Crimean Peninsula. The Democrats in the US Congress, had argued for sanctions to be maintained, and responded to accordingly upset.
The Rusal plant in the city of Volgograd
Deripaska also had business ties to former campaign Manager of U.S. President Donald Trump, Paul Manafort. This was condemned in the USA in the course of the investigation of the Russia-special investigator Robert Mueller because of tax and Bank fraud in connection with his lobbying work for the Ukraine.
sti/pg (afp, dpa, rtr)