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Until January 7, the United States extended the trading deadline with GAZ, Rusal and En + – Economy and Business


TASS, November 9. The US Treasury Department extended until 7 January 2019 the deadline for completing contracts and transactions with shares and bonds of Rusal, En + and GAZ. This was reported on Friday at the US Department of State's Office for Foreign Assets Control website.

Previously, US investors were able to trade with these companies by December 12th.

On April 6, the US authorities announced the imposition of sanctions on some Russian officials, businessmen and businesses. Among these were Oleg Deripaska and Rusal related companies, Basic Element, En +, Russian Machines, Eurosibenergo, GAZ Group, B-Finance and Kuban. The introduction of the Sanctions List means the abolition of assets in the United States and a ban on US citizens to make any deal with these companies.

Initially, the US Treasury Department gave the period until May 7 for US investors to get rid of the stocks and bonds of all listed companies and terminate contracts with them until June 5th. These deadlines were then extended several times.

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