Association of European Businesses Concerned Over New US Anti-Russia Sanctions

Author: us-russia
Comments: 0
Association of European Businesses Concerned Over New US Anti-Russia Sanctions
Published 28-07-2017, 07:00
The Association of European Businesses (AEB) in Russia is worried by the potential US sanctions against Russia, the association said in a statement Thursday.

MOSCOW, (Sputnik) — The US House of Representatives approved by a 419-3 vote on Tuesday a new version of a bill that would impose sweeping sanctions on Russia, Iran and North Korea, and limit President Donald Trump’s ability to lift the restrictions on Moscow. The measures target Russia's defense, intelligence, mining, shipping and railway industries, and restrict dealings with Russian banks and energy companies.

"We do not support the introduction of additional economic sanctions by the US and we appeal to the US, EU and Russian authorities to find a political solution which will prevent a further deterioration of mutual relations," the AEB statement read.

The association expressed concerns that "the US sanctions touch especially the interests of European companies and European countries in energy and other sectors related to Russia."

The bill, which is yet to be approved by the Senate and the administration of US President Donald Trump, has already prompted criticism within the European Union. France and Germany have so far spoken out against the bill that the US House passed overwhelmingly on Tuesday as one that adversely affects European industries while advancing US commercial interests.

The Association of European Businesses represents interests of the European companies conducting business in Russia. The organizations is engaged in promotion of business activities and economic integration between Russia and the European Union, as well as in improvement of business and trade environment.

 

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
Dutch Prosecutor Sabotages MH17...

Dutch Prosecutor Sabotages MH17...

International justice has received another setback. At blame is a Dutch prosecutor who just brought unsupported murder charges in the tragic 2014 MH17 airplane disaster. ...
The Fallen of World War II

The Fallen of World War II

The Fallen of World War II
Number of deaths in the WW2 per...

Number of deaths in the WW2 per...

Number of deaths in the WW2 per country
Russia\

Russia\'s role in American politics

A Trump-Putin opportunity at Osaka G-20 summit
«На ногах» правды нет

«На ногах» правды нет

Политолог Эдуард Лозанский — о том, почему президентам РФ и США нужно поговорить обстоятельно