The United States are with RUSAL discussions on the withdrawal of the company from the sanctions

© RIA Novosti / Eugene to Novostinearly photobacteria in the Central office of the company RUSAL. Archival photoThe United States are with RUSAL discussions on the withdrawal of the company from the sanctions© RIA Novosti / Eugene to Novostinearly the image Bank

U.S. authorities are engaged in fruitful discussions with RUSAL, came under U.S. sanctions in April this year, quoted by Bloomberg, Finance Minister Stephen Mnuchin.

«I’ve discussed the topic of «RUSAL», — said Mnuchin reporters.

The Minister also said that the aim of the negotiations was to make the main shareholder of the company Oleg Deripaska to «change behavior.»

«We were not going to impose sanctions against the aluminum companies… I think we are with fruitful discussions to resolve these issues,» the Minister added.

The US in April imposed new sanctions against Russia, making the «black list» a number of major Russian businessmen and companies controlled by them, in particular Oleg Deripaska and controlled by En+, the «GAZ Group», the «Basic element» and «RUSAL». Initially, the U.S. Treasury gave a month for the sale of shares and debt instruments of these companies and two months for the completion of contracts and termination of interaction with them, but then extended deadlines and stated that sanctions against «RUSAL» can be cancelled if Deripaska will renounce control over the company.

The United States are with RUSAL discussions on the withdrawal of the company from the sanctions© RIA Novosti, Infographicsrussia against Russia and international trade

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