May 19, 2024

Sanctions on Rosneft’s Subsidiary- a Signal to Russia?

Courtesy of Wikipedia

unlike sectoral sanctions, the SDN status causes much more significant damage to companies. Designation as an SDN equals to the so-called blocking sanctions. Consequently, all assets of Rosneft Trading S.A. and Didier Kasimiro will be blocked, and any transactions with them will be prohibited in the US jurisdiction. By Yulia Timofeeva. Full text-> Modern Diplomacy

Translation/ Traducción