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Germany to ask U.S. not to execute anti-Russian sanctions

Source : 112 Ukraine

German industrial giants such as Siemens, Daimler and Volkswagen are working with legal entities related to Russian citizens on the sanctions
23:09, 18 April 2018

CNBC

Germany is to address the Administration of Donald Trump, the U.S. President, to release Germany’s companies from obligating the new anti-Russian sanctions, as The Wall Street Journal reported referring to German’s civil servants.

As the news agency informs, the question is to be discussed during the visit of the German Finance Minister to Washington this week. Besides, Angela Merkel, the Chancellor of Germany, will raise the question on the special approach to Germany’s companies at the meeting with Trump.

German industrial giants such as Siemens, Daimler and Volkswagen are working with legal entities related to Russian citizens on the sanctions.

Related: Germany refuses to participate in possible military operation in Syria

“The heads of Germany’s companies claim that the new penalty measures may cost Germany hundreds of millions of euros and put the united efforts to impede the banks from funding Russia’s new projects at risk,” the news agency reported.

Earlier, the U.S. imposed new anti-Russian sanctions on April 6. Russian businessmen and entrepreneurs, whose wealth is more than $1 billion are on the sanctions list. Alexey Miller, CEO of Gazprom, Nikolai Patrushev, Secretary of the Security Council of Russia, and Aleksandr Zharov, the Head of Roskomnadzor (Federal Service for Supervision in the Sphere of Telecom, Information Technologies and Mass Communications, - ed.) appeared in the sanctions list as well.

Related: Goodbye, America: Russia sanctions could hit US medical, tech industries

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