02.03.2020, 19:18
US Lifted Sanctions against Two Russian Companies
Source: OREANDA-NEWS
OREANDA-NEWS. The US Department of Treasury reported that Washington has decided to strike off two Russian entities from the sanctions lists. Nezavisimaya Neftegazovaya Kompaniya registered in Moscow and Primornefteproduct from Vladivostok were removed from the restrictive measures.
US administration imposed sanctions against these companies in connection with the development of the Pyongyang’s nuclear program in June 2017. The situation in the area of the Korean Peninsula aggravated after a series of missile tests by North Korea. The US National Security Council compiled a list of measures to exclude North Korea from the global financial system. It was also proposed to introduce secondary sanctions against banks and other companies doing business with Pyongyang.
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