The Russian aluminium group Rusal and two associated companies are no longer sanctioned by the United States. Rusal, En+ and in the EuroSibEnergo would have reduced the company’s shares owned by the Kremlin-affiliated oligarch Oleg Deripaska and its control over the company terminated, said the U.S. Treasury Department. The corporations have also committed to more transparency. The sanctions against Deripaska himself to be still in force, according to the Department.
Rusal is the largest aluminum producer outside of China. Washington had imposed last April sanctions against Deripaska, another Russian entrepreneurs and government representatives, will be counted to the circle of power around Russia’s head of state Vladimir Putin. Reasons were given for the punitive measures with the “continuing and increasingly brazen and vicious activities of the Russian government anywhere in the world”. Were called the Russian military operations in Syria and the annexation of the Crimean Peninsula.
The US sanctions hit the Russian oligarchs and their companies sensitive. Rusal warned its shareholders that the company could not probably pay for a portion of its debt. By the end of April 2018 Deripaska started his company to withdraw. An offer of assistance by the Russian state, the company rejected last July.
Deripaska is for good contacts to Putin known. He also had business ties to former campaign Manager of U.S. President Donald Trump, Paul Manafort. This was condemned in the USA in the course of the investigation of the Russia-special investigator Robert Mueller because of tax and Bank fraud in connection with his lobbying work for the Ukraine.