U.S. Treasury Lifts Sanctions Against Rusal

Date: January 29, 2019

The US Treasury’s announced Sunday the full removal of Sanctions against UC Rusal, effective immediately.  The US Treasury lifted the Sanctions imposed last April 6, 2018 were removed following a notification to Congress on December 19, 2018 and acknowledging that Rusal has reduced Oleg Deripaska’s direct and indirect shareholding stake.