World

Russia: “Irrational” new US sanctions will hurt the business of foreign companies

by

“With each new wave of economic sanctions, the ineffectiveness and absurdity of this approach become more apparent,” the Russian embassy in the US announced.

Russia has argued today that new sanctions imposed by the US over its actions in Ukraine are “absurd” and will make it harder for foreign companies to do business.

“With each new wave of economic sanctions, the ineffectiveness and absurdity of this approach become more apparent,” the Russian embassy in the US announced.

The announcement added that foreign businessmen and companies are the first to suffer from the new sanctions and that their ability to continue working with Russian partners is “constantly shrinking”.

The US Treasury Department announced yesterday, Thursday, that it is imposing sanctions on dozens of individuals and entities it says are linked to Russia’s invasion of Ukraine.

The US Treasury Department has also designated the Russian paramilitary Wagner Group, which is fighting in Ukraine, as a “supranational criminal organization” responsible for widespread human rights abuses.

RES-EMP

newsRussiaSkai.grUkraineUSA

You May Also Like

Recommended for you