Russian Independent Petroleum Company to Challenge N Korea-Related US Sanctions

© Sputnik / Aleksey Nikolskyi / Go to the mediabankPresident of Independent Petroleum Company Eduard Khudainatov. (File)
President of Independent Petroleum Company Eduard Khudainatov. (File) - Sputnik International
Subscribe
The Russian Independent Petroleum Company (IPC) is likely to challenge the US sanctions imposed over alleged links to North Korea’s ballistic missile and nuclear programs in court, the IPC lawyers are considering the issue, IPC CEO Edward Khudainatov told Sputnik Friday.

December 17, 2015. Russian President Vladimir Putin at the 11th annual news conference at the World Trade Center on Krasnaya Presnya. Right: Presidential Press Secretary Dmitry Peskov - Sputnik International
US Anti-North Korea Sanctions Continue to Affect Ties With Russia - Kremlin
ST. PETERSBURG (Sputnik) – On Thursday, the United States introduced the North Korea-related sanctions against a Russian national and three Russian companies, including the IPC.

"It is likely. Our lawyers are already negotiating it," Khudainatov said, when asked if the company was going to appeal the introduction of the sanctions in courts.

The IPC is considering the sanctions’ influence on the company’s activity as certain restriction is going to take place, Khudainatov noted, stressing that the company would continue to develop and he would continue to defend it.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала