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US supports American investments in Russia — ambassador

January 20, 2015, 19:50 UTC+3 MOSCOW
“It is clear that taking a principled stand on sanctions requires calibrating national security and commercial interests," John Tefft, the US ambassador in Moscow, said
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US Ambassador to Russia John Tefft

US Ambassador to Russia John Tefft

© Mikhail Metzel/TASS

MOSCOW, January 20. /TASS/. The United States supports trade endeavors by US firms and their investments in Russia and wants to continue work under the new conditions, John Tefft, the US ambassador in Moscow, said on Tuesday.

“Within this changed landscape, we want to continue to work with you, to understand your needs, and to advocate for an improved business climate in Russia whenever we can,” Tefft said in his speech to the American Chamber of Commerce in Russia.

“It is clear that taking a principled stand on sanctions requires calibrating national security and commercial interests. Officials in Washington understand the need for this balance,” the diplomat said.

“I believe that Washington has heard the message from American businesses about the importance of protecting the competitiveness of US firms in Russia. The United States, the EU, and others work together not only because we share values but because the business communities on both sides of the Atlantic want coordinated action. We expect firms to comply with the sanctions which are in place," he added.

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