U.S. reveals when new anti-Russia sanctions come into force

U.S. reveals when new anti-Russia sanctions come into force

The second round of U.S. sanctions under the 2018 Skripal poisoning case does not cover Russian state companies and the secondary market of the Russian sovereign debt, the U.S. Department of the Treasury said in a August 2 directive, which will come into force on August 26.

The U.S. State Department said that the new sanctions also envisage U.S. opposition to the extension of any loan or financial or technical assistance to Russia by international financial institutions, such as the World Bank or International Monetary Fund (IMF) and new export licensing restrictions on Department of Commerce-controlled goods and technology, the Prime news agency reported.

The export restriction will cover only materials linked to mass destruction weapons, the authority added.

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