The US can delay the introduction of new sanctions against Russia

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США могут отложить введение новых санкций против РФThe Congress focused on other issues.

The U.S. Congress can postpone the adoption of new sanctions against Russia, Bloomberg reported, citing senators.

It is noted that now the Congress is finalizing the last weeks in the old format. Likely, the sanctions may not have time to approve before the end of the year as lawmakers focused on public expenditure issues and agriculture.

We will remind, the group of senators and the Republicans have prepared a bill on new sanctions against Russia after a meeting of US presidents and Russia – Donald trump and Vladimir Putin in Helsinki. The document was published on the Congress website.

He proposes to apply restrictive measures to the financial sector – in the case of the adoption of the law to US residents will be prohibited from participating in transactions with debt securities of the Russian government, released six months after the law came into force. Also the sanctions involve a ban on the operation of one or more Russian banks. The list includes: VEB, Sberbank, VTB, Gazprombank, Russian agricultural Bank, Promsvyazbank, Bank of Moscow. In addition, their assets in the U.S. will be frozen and they will not be allowed to carry out payments in dollars through correspondent accounts in U.S. banks.

Also sanctions will strengthen control over the structure of ownership in case of purchase by Russians of real estate in the United States. American insurers will be required to provide information about the beneficiaries of the firms who buy expensive residential property in the United States.

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