Sputnik vaccine developers subject to US sanctions
As Russia’s invasion of Ukraine progresses, Increased sanctions and economic restrictions NATO members imposed it on the government of Vladimir Putin. Extends the economic blockade of Russian enterprises and companies, and It opens up questions about what will happen with the distribution and marketing of the Sputnik V vaccine. How much will the restrictions affect the inputs needed for production?
In the last few hours, and The U S Treasury DepartmentPreventing Americans from dealing with the Central Bank of the Russian Federation, National wealth fund of the Russian Federation and the Ministry of Finance of the Russian Federation. President Joe Biden had ordered Last week the Treasury Secretary to impose Prohibition of sanctions Total to the Russian Direct Investment Fund Radev. As the White House explained, ” this is a state-owned financial institution that acts as a sovereign wealth fund and attracts capital; its goal is to attract capital to the Russian economy in high-growth and high-tech sectors.”
Following these instructions, the The U S Treasury Department Office of Foreign Assets Control, Sanctions have been imposed on the Russian Direct Investment Fund, with exposure to the US financial system and its chief executive Kirill Dmitriev.
“Putin and his inner circle have long relied on Radev And Dmitriev To raise funds abroad , including in the United States. By further restricting these individuals and entities in the U.S. financial system, America continues to show its commitment…
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