The American newspaper writes that the authorities of the state of New Jersey have suspended the implementation of the previously adopted law on sanctions against companies linked to the Russian Federation due to a court decision. Policy.
The publication states that state Governor Phil Murphy signed this law shortly after Russia launched a special military operation in Ukraine. In particular, it prohibited state officials from signing contracts with companies with ties to Russia and Belarus. Subsidies given to these companies and the investment of funds from the pension fund in these companies were also limited. Some other states have taken similar measures.
The law was suspended in the state this summer after one of the companies to be blacklisted asked a federal court to issue a temporary restraining order on constitutional grounds, the authors write. According to the newspaper, we are talking about the American division of the Japanese company Kyocera.
The court prohibited imposing sanctions on the company during the ongoing trial. Kyocera representatives insist that state authorities are exceeding their authority by trying to regulate foreign trade and are also interfering with the work of the US federal government, whose authority includes imposing anti-Russian sanctions.
The newspaper states that New Jersey authorities suspended the implementation of the law because the court decision against Kyocera could also apply to other companies.
Previously the US House of Representatives approved Draft law allowing seized Russian assets to be sent to Ukraine.
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