Senators, Trump officials clash over Russian Federation sanctions

Ann Santiago
August 24, 2018

Taesong Bank has already been slapped with both United Nations and US sanctions.

In two separate actions Tuesday, the Treasury imposed sanctions on several Russian companies, six vessels and two individuals involved in efforts to undermine those.

Speaking by telephone, Andrei Kuklin, head of the company, said, "Unfortunately I can not comment".

The Deputy Minister also said that from the beginning of 2017, the USA government imposed sanctions against 217 Russian legal entities and individuals. When those were announced earlier this month, the State Department added another round of penalties could be imposed in 90 days if Russian Federation does not meet a list of demands.

Slow-witted and blinkered: Moscow slams "aggressive" U.S. sanctions, vows response Washington's policy on relations with Russia is apparently aimed at disrupting any normal dialogue, as it constantly invents new "false pretexts" for introducing more sanctions, the Russian deputy foreign minister has said.

The Treasury statement said Russian ship Patriot conducted two ship-to-ship transfers of oil in early 2018-1,500 tons to the North Korea-flagged Chong Rim 2 and 2,000 tons to the North Korea-flagged Chon Ma San.

They were accused of providing assistance for a sanctioned Russian entity.

At the time of the sanctions in June, Mr Mnuchin said the USA was "engaged in an ongoing effort to counter malicious actors working at the behest of the Russian Federation and its military and intelligence units to increase Russia's offensive cyber capabilities".

Trump and Putin met in Helsinki in July, their first bilateral meeting, after which the USA president was highly criticised at home for being very conciliatory with his Russian counterpart.

Mr. Hunt's expected remarks come at a time when the Trump administration is challenging traditional partnerships over trade and other disputes, rattling allies that have long counted on the cooperate on economic and security matters.

Moscow has repeatedly said that it reserves the right to take additional countermeasures against USA diplomatic properties in Russian Federation if Washington continues hostility.

"The ruble should not be this weak based on, shall we say, fundamentals", said Chris Weafer, a Moscow-based senior partner at the Macro Advisory consultancy.

The South Korean government will decide how to handle the issue through consultations with the USA, a government official told reporters.

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