US, Russian Companies Interested in Partnership Despite New Sanctions Bill

Author: us-russia
Comments: 0
US, Russian Companies Interested in Partnership Despite New Sanctions Bill
Published 27-07-2017, 00:00
Russia's Trade Envoy Alexander Stadnik said that US and Russian businesses want to continue bilateral cooperation despite Washington considering a new bill that would impose sweeping sanctions on Moscow.
WASHINGTON (Sputnik) — US and Russian businesses want to continue bilateral cooperation despite Washington considering a new bill that would impose sweeping sanctions on Moscow, Russia's Trade Envoy Alexander Stadnik told Sputnik after signing the memorandum of understanding with US Rice University.

"The agreement is reached at the time when the Congress is preparing new sanctions against Russian oil and gas sectors," Stadnik said on Wednesday. "The signing of the memorandum shows that Russian and US businesses are still interested in developing and strengthening mutually beneficial partnership."

The new measure, that has been overwhelmingly approved by the House on Tuesday, takes aim at several Russian sectors, including energy, oil and gas.

Stadnik said the memorandum came as a result of Russian Trade Mission's efforts in expanding US-Russia working relations in science and technology fields. He added the cooperation would open up opportunities for all Russian universities to establish international partnerships with Rice University.

In May, three Russian oil and gas colleges — Ufa State Petroleum Technological University, Almetyevsk State Oil Institute, and Ukhta State Technical University — and Rice University have agreed to draft and approve the agreement during the roundtable at the Rice campus.

Last week, US media reported a number of American leading oil, energy, banking and manufacturing companies have started a lobbying campaign to try to make changes to the bill. BP, Exxon, General Electric, Boeing and Citigroup, MasterCard and Visa were among the businesses opposing the sanctions, according to CNN.

 

sputniknews.com

Comments: 0
Experts' Panel
Are the U.S. and Russia...
The Sunday, February 24 edition of Russian state television’s...
Are the U.S. and Russia...
Top
popular in the journal
Is Ukraine vital to U.S. security?

Is Ukraine vital to U.S. security?

The ongoing impeachment inquiry of President Trump can certainly compete with Hollywood’s most successful drama or comedy shows. However, when we deal with ...
RUSSIAN FEDERATION SITREP 21...

RUSSIAN FEDERATION SITREP 21...

RUSSIA INC. The Russian economist Mikhail Dmitriev says "the Russian economy does not give a damn about the world recession [which he sees coming soon].” And he’s ...
Responding to Lt. Col. Vindman...

Responding to Lt. Col. Vindman...

honor and applaud Army Lt. Col. Alexander Vindman’s service to his country. He’s a hero. I also respect his decision to testify at the impeachment proceedings. I suspect ...
Уперлись в стенограмму

Уперлись в стенограмму

Политолог Эдуард Лозанский — о том, как Владимир Зеленский стал средством на пути Демократической партии США к цели
Уперлись в стенограмму

Уперлись в стенограмму

Политолог Эдуард Лозанский — о том, как Владимир Зеленский стал средством на пути Демократической партии США к цели