https://sputnikglobe.com/20190108/usa-lawmakers-delay-rusal-sanctions-1071312465.html
US Lawmakers Ask Treasury to Delay Plans to Lift Sanctions on Rusal, EN+
US Lawmakers Ask Treasury to Delay Plans to Lift Sanctions on Rusal, EN+
Sputnik International
WASHINGTON (Sputnik) - The leaders of seven committees in the US House of Representatives have demanded that Treasury Secretary Steven Mnuchin delay plans to... 08.01.2019, Sputnik International
2019-01-08T21:04+0000
2019-01-08T21:04+0000
2022-08-06T12:29+0000
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US Lawmakers Ask Treasury to Delay Plans to Lift Sanctions on Rusal, EN+
21:04 GMT 08.01.2019 (Updated: 12:29 GMT 06.08.2022) WASHINGTON (Sputnik) - The leaders of seven committees in the US House of Representatives have demanded that Treasury Secretary Steven Mnuchin delay plans to lift sanctions on Russian companies Rusal, EN+ and EuroSibEnergo so that members of Congress can be briefed on the matter, a letter published on Tuesday said.
"We request that the Treasury Department delay the implementation of the sanctions termination to allow sufficient time for you to fully brief Members on this matter and to resolve the pending questions," the lawmakers wrote in their letter to Mnuchin.
20 December 2018, 01:51 GMT
They also asked that Mnuchin fulfil the request for a delay by Friday, January 11.
Previously, the US Treasury Department's Office of Foreign Asset Control (OFAC) said Rusal, EN+ Group and JSC EuroSibEnergo agreed to undertake restructuring for the sanctions to be lifted.
READ MORE: US Treasury Extends Expiration of Rusal, En+ General Licenses
OFAC Director Andrea Gacki explained that the three companies had agreed to make significant changes that would include reducing Russian businessman Oleg Deripaska's direct and indirect shareholdings in the entities to below 50 percent.
