Duma Deputy Proposes New Counter-Sanctions against US

In response to U.S. sanctions against Russia, the First Deputy Chairman of the State Duma Committee on Economic Policy, Innovation and Entrepreneurship, Mikhail Emelyanov, proposed imposing sanctions against Coca-Cola, as well as Visa and MasterCard payment systems.

“We conduct business with some American companies that will be susceptible to these sanctions.  This applies primarily to the audit companies, financial companies and, of course, Coca-Cola," the Russian Deputy said.

Emelyanov called for government bodies and companies to limit Visa and MasterCard transactions.  "We need to limit Visa and MasterCard activity.  These transactions can reach 4 billion per year for these American companies.  It is very precarious," he said.

  USA, Russia, Sanctions