WEF has not commented on the message on not allowing Deripaska to the forum in Davos

© RIA Novosti / Alexei Filippoupolitis in fotoballoon economic forum. Archival photoWEF has not commented on the message on not allowing Deripaska to the forum in Davos© RIA Novosti / Alexei Filippoupolitis the image Bank

The world economic forum declined to comment on appeared in the Western media reports that businessmen Oleg Deripaska, Victor Vekselberg and the head of VTB Andrey Kostin has refused to participate in the next session of the WEF in Davos.

«We have no comment on this story» — said RIA Novosti head of corporate communications Georg Schmitt.

Earlier, the Financial Times reported, citing two experts, «with knowledge of the situation» that businessmen Oleg Deripaska, Victor Vekselberg and the head of VTB Andrey Kostin has refused to participate in the next session of the world economic forum held in Davos in January 2019.

USA in early April imposed new sanctions against Russia, making the so-called «black list» (SDN list), a number of major Russian businessmen and companies controlled by them, in particular the controlled Deripaska and of En+ Group, «GAZ Group», the Basic element and RUSAL and Viktor Vekselberg and his group of companies «Renova». Adding to the list of block of assets in the United States and a ban on any business with these companies for American citizens, including any transactions with debt and equity instruments. The entry into force of these sanctions has been postponed several times. In mid-October, the U.S. Treasury once again extended the deadline for the conclusion of transactions in shares, debt instruments RUSAL and En+ group and the GAZ group, as well as contracts in these companies until December 12.

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