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Seven Democratic committee heads from the U.S. House of Representatives have asked U.S. Treasury Secretary Steven Mnuchin to explain the department's Dec. 19, 2018, decision to ease sanctions on companies linked to Russian oligarch Oleg Deripaska, RFE/RL reported Jan. 9.
The U.S. Treasury Department notified the U.S. Congress on Dec. 19 that it will remove sanctions on Russia's Rusal, EN+ and ESE in 30 days. At the same time, the department said Oleg Deripaska, the Russian oligarch with key stakes in the entities, will remain on the U.S. sanctions list.
Though the two leaders are unlikely to make any breakthroughs at the meeting, they will have an opportunity to discuss crucial and contentious issues such as the conflicts in Syria and Ukraine, sanctions, military buildups, and arms control.
Russian oligarch Oleg Deripaska has resigned as director of his aluminum firm Rusal, in an effort to persuade U.S. President Donald Trump's administration to ease sanctions against him and his companies, RFE/RL reported May 25.
In an effort to free the company from U.S. sanctions, Russian oligarch Oleg Deripaska has agreed to effectively relinquish control of Russian aluminum company Rusal by reducing his stake in its parent company, EN+ Group, to below fifty percent, Financial Times reported April 27