The FUND does not expect new sanctions of the USA against the Fund

© RIA Novosti / Evgeny to Betemporary in potencjalny Director of JSC Managing company of the Russian direct investment Fund (RDIF) Kirill Dmitriev. Archival photoThe FUND does not expect new sanctions of the USA against the Fund© RIA Novosti / Evgeny to Betemporary the image Bank

The head of the Russian direct investment Fund (RDIF) Kirill Dmitriev does not expect the introduction of new sanctions by the US against the Fund.

The President of the United States Donald trump in early August of last year signed the law, involving the extension of sectoral sanctions against the Russian economy. The document, in particular, suggests that within six months (180 days) after its adoption the Congress will meet to discuss the possibility of expanding the sanctions measures.

«We do not anticipate imposing any additional sanctions on the FUND, we are confident that any such a move would be illogical and incorrect,» said Dmitriev in an interview with Bloomberg at the world economic forum in Davos, also noting that the Fund was not involved in political activities.

«Any attack on the Russian direct investment Fund is a very dangerous thing, because it will create a precedent when the well-being of the country attacked, and frankly, sovereign wealth funds will move away from the dollar and will find a way to reduce the risk of sanctions at any time,» — said Dmitriev.

Forty-eighth world economic forum held in Davos from 23 to 26 January.

The FUND does not expect new sanctions of the USA against the Fund© RIA Novosti, Integratiebeleid in photobacteria economic forum

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