We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

Washington — US President Donald Trump’s administration on Sunday lifted sanctions on aluminium giant Rusal and other Russian firms linked to oligarch Oleg Deripaska, defying a Democratic-led push in the US Congress to maintain the restrictions. Earlier in January, 11 of Trump’s fellow Republicans in the US Senate joined Democrats in a failed effort to keep the sanctions on Rusal, its parent, En+ Group, and power firm JSC EuroSibEnergo. But that was not enough to overcome opposition from Trump and most of his fellow Republicans. Advocates for keeping the sanctions had argued that Deripaska, an ally to Russian President Vladimir Putin, had too much control over the companies to lift sanctions. The sanctions were imposed in April 2018 to punish Russia for actions including its annexation of Ukraine’s Crimea, efforts to interfere in the US elections and support for Syria’s government in its civil war. Some legislators from both parties also said it was inappropriate to ease the sanctio...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.