Kremlin cautious about possible easing of U.S. curbs on Rusal

By Kitco News / April 24, 2018 / www.kitco.com / Article Link

MOSCOW (Reuters) - Moscow is “cautious” about the possibility of Washington easing its sanctions on Russia’s biggest aluminum producer Rusal, Kremlin spokesman Dmitry Peskov said on Tuesday.

The United States on Monday gave Rusal’s American customers more time to comply with sanctions.

“In this case I would be rather cautious, as these statements are so hypothetical. It is clear that the decisions that have been taken are a painful blow to aluminum buyers on many continents, and naturally buyers are asking themselves why they have to bear the burden,” Peskov said.

Reporting by Maria Tsvetkova; Writing by Polina Ivanova; Editing by Andrey Ostroukh

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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