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Anti-Russian sanctions

Russian-German Foreign Trade Chamber urges West not to tighten anti-Russian sanctions

The Chamber also stressed that "putting pressure on German or any other business, as well as demanding that certain companies take sides in this spat would send an ultimately wrong signal"

MOSCOW, April 17. /TASS/. The Russian-German Foreign Trade Chamber has called on Western politicians not to toughen sanctions against Russia, also cautioning Russia against putting pressure on foreign business.

"These actions [sanctions] are holding international business hostage to sanctions. Moscow and the West must find ways to settle the conflicts in Syria and Ukraine, counting on de-escalating the conflict instead of its escalation".

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The Chamber also stressed that "putting pressure on German or any other business, as well as demanding that certain companies take sides in this spat would send an ultimately wrong signal".

On April 6, the US authorities imposed sanctions against a number of Russian officials, businessmen and companies. The list includes Gazprom CEO Alexei Miller, VTB CEO Andrei Kostin, Renova owner Viktor Vekselberg, General Director of Surgutneftegaz Vladimir Bogdanov, Sibur board member Kirill Shamalov, businessmen Igor Rotenberg, Oleg Deripaska and Suleiman Kerimov.

Sanctions were also slapped on Russia’s Agro-Holding Kuban, EuroSibEnergo, Rusal, Russian Machines, GAZ Group, B-Finance, Basic Element, En+, Renova, Ladoga Management, Russian Financial Corporation, NPV Engineering and Gazprom Bureniye.

Any US companies having contracts with the abovementioned must terminate them by June 5.

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