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US sanctions Russian diamond mining firm Alrosa

US sanctions Russian diamond mining firm Alrosa
308
Friday, 08 April, 2022, 10:43

In the latest punitive action against Russia for its military attack on Ukraine, the US has designated Russian diamond miner Alrosa.

This decision has been made pursuant to Executive Order (E.O.) 14024, which expands earlier sanctions imposed on the state-owned enterprise (SOE) by the US Department of the Treasury’s Office of Foreign Assets Control (OFAC).