U.S. eases sanctions against Russia, allowing trade in fertilizers and medicines

U.S. eases sanctions against Russia, allowing trade in fertilizers and medicines

The United States of America has lifted some sanctions against Russia. In particular, the White House allowed trade in fertilizers and medicines with Russia. This was reported by the U.S. Treasury Department.

 

Transactions were reportedly allowed for:

 

- The manufacture, manufacture, sale or transportation of agricultural products, equipment, drugs, medical devices, parts and components, or updates to medical device software;

 

- prevention, diagnosis or treatment of COVID-19;

 

- ongoing clinical trials and other medical research.

 

The U.S. also removed Gazprom Germania GmbH, a former subsidiary of Gazprom in Germany, and a subsidiary of Alfa Bank in Kazakhstan from sanctions.

 

In addition, U.S. Treasury Chief Janet Yellen, during a trip to Bali, proposed not to limit the amount of oil Russia sells if its price is restricted.





The United States of America has lifted some sanctions against Russia. In particular, the White House allowed trade in fertilizers and medicines with Russia. This was reported by the U.S. Treasury Department.

 

Transactions were reportedly allowed for:

 

- The manufacture, manufacture, sale or transportation of agricultural products, equipment, drugs, medical devices, parts and components, or updates to medical device software;

 

- prevention, diagnosis or treatment of COVID-19;

 

- ongoing clinical trials and other medical research.

 

The U.S. also removed Gazprom Germania GmbH, a former subsidiary of Gazprom in Germany, and a subsidiary of Alfa Bank in Kazakhstan from sanctions.

 

In addition, U.S. Treasury Chief Janet Yellen, during a trip to Bali, proposed not to limit the amount of oil Russia sells if its price is restricted.