Contents tagged with US sanctions

  • China calls on US to withdraw sanctions imposed for purchasing S-400 missile systems from Russia

    The Chinese Ministry of Defense demanded immediate withdrawal of US sanctions against the Equipment Development Department of the Central Military Commission of the People's Republic of China, which purchased Su-35 fighters and S-400 anti-aircraft missiles from Russia. China called the sanctions against Russia “a flagrant breach of basic rules of international relations”.

    “We demand that the US immediately correct the mistake and withdraw the so-called sanctions,” said the Ministry of Defense …

  • Kremlin: Russia, Iran, and China will develop a defense against US sanctions

    The Russian Foreign Ministry intends to develop together with Iran, China, and other governments an “echeloned defense” against US sanctions,  stated Russian deputy Foreign Minister Sergei Ryabkov in an interview with Rossiyskaya Gazeta.

    “We see the readiness and determination of the Iranians to keep JCPOA functional (The Joint Comprehensive Plan of Action to resolve the situation around the Iran nuclear deal). There is an understanding that keeping this agreement is in the interests of all …

  • Russia prepares a plan to protect itself against US sanction

    The Russian Security Council is preparing a response plan to protect against the new US sanctions and sanctions initiatives, reported RBC news agency with a reference to a source close to the Security Council and an interlocutor from a structure that prepared the proposals.

    It was reported that the Security Council has collected from ministries and departments proposals on the protection of the economy. The Ministries of Finance, Economic Development, Industry and Trade, as well as the Central …

  • Russian oligarchs’ assets frozen in Cyprus at US’s request

    The Russian billionaires who have been placed under US sanctions have been hit by massive audits of their offshore accounts.

    Oleg Deripaska and Viktor Vekselberg, who were blacklisted by the US Treasury Department in April, have been cut off from their assets in Cyprus.

    The island’s banks have frozen Deripaska’s and Vekselberg’s accounts since April 6, when the US sanctions were announced and came into effect. This was reported by RBC, citing the US Treasury Department’s report on opposing …

  • Turkey wants to trade with Ukraine and Russia in national currency

    Turkey is preparing to carry on trade in national currencies with its largest trading partners, such as Ukraine, China, Russia and Iran, writes Kommersant newspaper.

    According to Turkish President Recep Tayyip Erdogan, if European countries want to get rid of the dollar "shackles" then Ankara is ready to create similar trade system with them.

    Turkey does not accept the world order in which the world has declared an economic war, and countries are pressured by the threat of imposing sanctions, …

  • Kremlin does not believe in the US sanctions against Russian national debt

    According to RIA Novosti, thanks to the demand of domestic investors, state borrowing program will be fully implemented, the Finance Ministry announced, noting that the previous initiatives of the senators to impose sanctions against the Russian state debt “did not proceed”.

    The department is cautious about the plan of American congressmen to introduce the most severe sanctions. “This news is definitely painful for foreign holders of the OFZ bonds. At the same time, the previous initiatives of …

  • Iran threatens to block oil exports from the Persian Gulf

    Iran has reacted to American sanctions by warning that the Iranian government will be forced to cut off oil exports from the Persian Gulf if its own exports are cut off.

    According to a statement on July 21st, the Supreme Leader of Iran Ayatollah Ali Khamenei has supported Iranian president Hassan Rouhani’s proposal to block oil exports from the Persian Gulf. His website states that Rouhani’s statements were “important remarks, which reflect the policy and perspective” of Iran, according to …

  • Gazprom’s European partners under threat of US sanctions because of Nord Stream 2 pipeline

    European partners of Gazprom are frightened of coming under US sanctions for helping to construct the Nord Stream 2 gas pipeline, said a member of the board of the German energy company Uniper, RBC new agency reported.

    Reiner Hartmann heads the Russian branch of Uniper, a company that belongs to the Nord Stream 2 consortium of investors. He said the likelihood that the United States will indeed impose sanctions ,that it is threatening with, is "extremely threatening" for all of Gazprom's …

  • Russian Minister of Internal Affairs says he received US visa 'without problems' despite sanctions

    Russian Interior Minister Vladimir Kolokoltsev, who was among those added to the US sanctions list in April, has claimed that he received an American visa without any issues. Kolokoltsev came to the UN's New York headquarters for a meeting of heads of the police departments of UN member countries. On the sidelines of the summit, Kolokoltsev met with Jean-Pierre Lacroix, the UN Under-Secretary-General for Peacekeeping Operations, and discussed with him the participation of Russian policemen in …

  • US Justice Department accuses five Russians of supplying Syria with aviation fuel

    On Tuesday, the US Justice Department filed charges against five employees of the Russian company SovFracht for supplying Syria with aviation fuel, thereby contravening the sanctions introduced by the US government against Damascus.

    The Justice Department said that allegations have been brought against Ivan Okorokov, Ilya Loginov, Karen Stepanyan, Alexey Konkov and Liudmila Shemlkova at the District Court of Columbia. The SovFracht employees allegedly “conspired to violate US economic …