U.S. says Russia sanctions to focus on security-related items

LONDON (Reuters) – U.S. sanctions on Russia will goal exports of nationwide security-related items together with sectors equivalent to specialised oil and gasoline expertise and a few electronics and sensors, a senior U.S. State Department official stated on Thursday.

FILE PHOTO: An Aeroflot Airbus A320-200 plane takes off at Sheremetyevo International Airport exterior Moscow, Russia June 10, 2018. REUTERS/Maxim Shemetov/File Photo

The U.S. State Department stated on Wednesday it could impose contemporary sanctions by the month’s finish after figuring out that Moscow had used a nerve agent in opposition to a former Russian double agent, Sergei Skripal, and his daughter, Yulia, in Britain, one thing Moscow denies.

“In practice this will mean we are imposing a ‘presumption of denial’ upon export licences for U.S.-origin national security-sensitive goods and technology to any Russian state-owned or state-funded enterprise,” the official stated in a conference name with reporters.

“The categories covered by this could include things such as electronic, computers, sensors and lasers, telecommunications, specialised oil and gas production equipment and information and security technologies, just to name a few.”

The Russian rouble and shares in Russia’s greatest airline Aeroflot fell to two-year lows on Thursday, extending losses after the sanctions announcement.

Asked whether or not sanctions would apply on to Aeroflot and whether or not they may limit flights by the company, the official stated:

“To the degree that Aeroflot is a Russian state-owned or state-funded company, and to the degree that anyone applies for an export licence to supply goods that are controlled under that system to Aeroflot, then I suppose these would fall under the presumption of denial.”

“None of this would be directly against Aeroflot. This would be with respect to whether or not we approve an export licence of technology that could be used by or provided to Aeroflot.”

Reporting by William James; modifying by Stephen Addison

Our Standards:The Thomson Reuters Trust Principles.

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