External Content

The following content is sourced from external partners. We cannot guarantee that it is suitable for the visually or hearing impaired.

Russian billionaire Andrei Melnichenko attends a session during the Week of Russian Business, organized by the Russian Union of Industrialists and Entrepreneurs (RSPP), in Moscow, Russia February 9, 2018. REUTERS/Sergei Karpukhin

(reuters_tickers)

MOSCOW (Reuters) - Russian businessman Andrei Melnichenko, who controls Russia-focused fertiliser producer Eurochem, said on Friday Russian companies could experience problems in the future in dealings with banks because of the U.S. government's "oligarch list."

Asked by reporters at a business forum if he saw an impact from the list's publication on banks' dealings with Russian clients, Melnichenko said: "For now we don't see that."

But asked if he expected such difficulties in the future, he said: "It's unpredictable. Probably, there will be some difficulties."

A representative for Melnichenko later said he was referring to the impact on Russian business in general. Melnichenko was among dozens of Russian billionaires, officials and heads of state companies included on the U.S. list.

The list was drafted by the U.S. Treasury Department in line with a sanctions package signed into law last year, but Washington said inclusion on the list did not imply people named were, or would be in the future, subject to any restrictions.

(Reporting by Denis Pinchuk; Writing by Polina Nikolskaya; Editing by Polina Devitt and Mark Potter)

Neuer Inhalt

Horizontal Line


swissinfo EN

Teaser Join us on Facebook!

Join us on Facebook!

subscription form

Form for signing up for free newsletter.

Sign up for our free newsletters and get the top stories delivered to your inbox.







Click here to see more newsletters

Reuters