USA extends its license to work with Russian banks

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The USA extended its license to work with Russian banks in the energy sector. This has been reported Web site US Treasury Department

The US Treasury has extended the general license for financial transactions of a number of Russian banks in the energy sector until May 1, 2024. The license is issued by the Central Bank, as well as VEB, Otkritie, VTB, Sberbank, Alfa Bank, Sovcombank, Rosbank, Zenit, Bank St. It allows you to make transactions with St. Petersburg banks. “Energy operations” also include coal mining, timber harvesting, and the production of agricultural products for biofuels. Uranium exports are also subject to regulation, as can be understood from the text of the document.

The previous license allowing energy-related activities was valid until November 1 of this year. It was introduced despite US sanctions against Russian companies.

At the end of July, the USA introduced block Sanctions against five Russian banks

Previously, the court was in the EU for the first time decided Lift sanctions on a businessman from Russia.

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