The Swedes bargained for the US pardon for Deripaska

26 April 2018, 16:48 | Economy
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The Kubikenborg Aluminum (Kubal) plant in Sweden, owned by RusAl, can exist in the usual mode for another six months. This was announced by the head of the Swedish department for entrepreneurship and innovation Mikael Damberg. The joyful news breathed life into the grief-stricken Sundsvall, the city where the world's only foreign enterprise Rusal is located, as 500 local residents earn their living there. Earlier they were literally killed by the message that the owner of "Rusal" and many other enterprises, the Russian businessman Oleg Deripaska was included in the next US sanctions list. The US Ministry of Finance on April 6 demanded that contracts with companies belonging to the entrepreneur be stopped. As a result, the factory in Sundsvall was on the verge of closure - buyers simply began to be afraid to buy products from it, fearing to anger the US, and Eon's electricity supplier doubted whether it could continue to supply electricity to the disgraced enterprise. Half a thousand people were practically unemployed. The alarmed Swedish government sent an urgent request to the US - what to do in this situation? In Washington, after some hesitation, they decided to have mercy.

Term of completion of transactions with Deripaska-controlled companies was extended from June 5 to October 23. "Sanctions are not intended to punish hardworking people who depend on Rusal or its subsidiaries. We see this as an opportunity for Kubal to continue working during the transition period, "the Vesti. Economy "statement by the US Treasury Secretary Steven Mnuchin.

Moreover, Washington hinted that with the "Rusal" and its "daughters" can generally remove the sanctions if Oleg Deripaska abandons his assets. In Sweden, Americans took the words with glee: "From what the US authorities say, we see that during the transition period, operations can be continued until October. This is a very important message, "said Minister Damberg. Loads from Kubal immediately recovered, negotiations with electricity suppliers started. That's right, six months is a long time. During this time, as Khoja Nasreddin used to say, or the donkey can die, or the padishah.




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