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15 Sep
15:20

US announces more sanctions on Russian carmakers, OMK

The US Treasury Department significantly expanded sanctions against Russian companies last week, including more automakers like the revived Moskvich, Sollers and Avtovaz, as well as pipemaker OMK, Kallanish notes. All assets belonging to the organisations in the US will be blocked. In addition, a ban will be imposed on American persons from any interaction with sanctioned companies. The list also includes Russian manufacturers of special equipment, as well as the…
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