BREAKING NEWS

BREAKING NEWS

Mnuchin defends U.S. decision to lift sanctions on Russian firms

Mnuchin defends U.S. decision to lift sanctions on Russian firms
@ Copyright :
Leah Millis(Reuters)
Text size Aa Aa

WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin on Thursday sought to allay Democratic lawmakers' concerns about a Trump administration decision to remove companies tied to Russian oligarch Oleg Deripaska from the U.S. sanctions list ahead of a congressional meeting over the issue.

"Treasury will be vigilant in ensuring that En+ and Rusal meet these commitments. If these companies fail to comply with the terms, they will face very real and swift consequences, including the reimposition of sanctions," Mnuchin said in a statement before his closed-door briefing with U.S. lawmakers.

(Reporting by Susan Heavey and Tim Ahmann; Editing by James Dalgleish)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.