Alrosa Hit by US Sanctions Amid Russia’s Invasion of Ukraine

March 3, 2022

Diamond mining company Alrosa is among the institutions hit with U.S. sanctions following Russia’s invasion of Ukraine. 

The sanctions “target the core infrastructure of the Russian financial system — including all of Russia’s largest financial institutions and the ability of state-owned and private entities to raise capital — and further bar Russia from the global financial system. 

Review this topic in more detail as published by Instore, including excerpts from a press release issued from the U.S. Treasury; and more details about E.O.14024 authorizing the sanctions. 

Read the complete article here

Disclaimer: The views, opinions or examples included in linked article are those of the author and do not necessarily reflect an official policy or position of ASA or its members.