The volume of bilateral trade between Russia and the USA reached a minimum level after the imposition of sanctions and reached only $ 277.3 million at the end of July 2023, decreasing by 11 times compared to February 2022. The news agency quotes this based on data from the US Census Bureau. RBC.
Currently, almost 90% of the Russian-American trade turnover is covered by supplies from Russia, while exports from the USA fell to 36 million dollars in July. The majority of Russia’s exports to the USA consist of nuclear fuel, mineral fertilizers and platinum group. metals (palladium, platinum, rhodium). In seven months of this year, the United States purchased nearly $3 billion worth of products from Russia; $2.5 billion of this came from these three groups.
Previously reportedIt was stated that the US Treasury Department imposed sanctions on Russian banks Ak Bars and Sinco-Bank. Before that, MTS Bank, Ural Reconstruction and Development Bank and St. Eleven credit institutions, including St. Petersburg and Zenit banks, were subject to restrictions. Thus, the number of sanctioned Russian banks increased to 13.
Formerly US Treasury extended Sanctions against Russia.