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Sweden concerned US sanctions on Russia could harm national economy

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Sweden concerned US sanctions on Russia could harm national economy


20.02.2019

Photo: © EPA/MAURITZ ANTIN

If the United States restore sanctions against companies owned by Russian businessman Oleg Deripaska,  about 500 workers in Sweden could loose their jobs, IA Sputnik reports. 

The Swedish Foreign Trade Minister Ann Linde expressed this concern, specifying that in spite of supporting anti-Russian sanctions local authorities are not happy about "unexpected consequences for 500 workers in Sweden." Ann Linde recalled that the US Department of Treasury lifted sanctions against Rusal and two other companies in January after they agreed to implement structural changes that reduced the "direct and indirect shareholding stake" of Deripaska. According to the minister, the Swedish government constantly monitors decisions on new sanctions, and maintains regular contact with the US Treasury to avoid negative consequences for Swedish companies.

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