Tuesday, 12 December, 2017

US Secretary of State approves new 'black' list against Russian Federation

Donald Trump wished the wrong person happy birthday on Twitter Another facepalm moment for Trump’s Twitter account
Bennie Garza | 27 October, 2017, 18:26

He says one reason for the delay has been concern about how the sanctions may affect business and major us allies who do business with Russia's defense and intelligence sectors.

The delay "calls into question the Trump administration's commitment to the sanctions bill", according to Sen.

Lawmakers criticized the Trump administration Wednesday for missing an October 1 deadline to implement new sanctions imposed by Congress against Russian Federation for election interference.

The list obtained by The New York Times has named Russia's state-owned Russian Technologies State Corporation, Rostec, and its subsidiary RosoboronExport, the sole Russian state intermediary agency responsible for the import and export of defense arms, in addition to Russian aerospace holding company OPK Oboronprom. Anyone who does business with them could then be hit themselves with USA sanctions.

Nauert explained the three-week delay with producing the list by saying it was the State Department's effort to help USA and allied firms avoid running afoul of the possible sanctions.

In anticipation of the potential sanctions, Russian Federation is reportedly looking to designate a bank to exclusively service the country's defense industry by year-end, the Kommersant business daily reported.

Former diplomats and congressional sources said Tillerson had eliminated the office of the Coordinator for Sanctions Policy as part of State Department overhaul, reported Foreign Policy.

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