The Times: US may toughen access to credit Russian companies in the West – Kommersant

According to the British newspaper The Times, Washington is developing a new package of measures to pressure Russia, which should further complicate the access of Russian companies to credit resources in the West. If the Russian authorities did not respond to calls for peace in Ukraine, the United States is ready to limit Russia’s access to credit in the West. “Punitive measures must demonstrate a sharp tightening of sanctions against Moscow. Component in Washington offers include closing the attempt of Western credit markets for Russia “, – the newspaper writes, citing an unnamed source in the US administration.

According to a source publication, the United States intends to propose to limit the term Lending to the west of the Russian companies for a period of 7 days (instead of the current limit – 30 days). Before the introduction of sanctions against Russian companies could borrow indefinitely, term lending reached several years.

As reported by “Kommersant” on March 4, US President Barack Obama announced the decision to extend the operation for another year US sanctions against Russia. If such a declaration has been made in the near future, the effect of the sanctions previously imposed automatically come to an end. June 22, the extension of sanctions against Russia approved the foreign ministers of the participating countries of the European Union. Restrictive measures extended until January 31, 2016, and their removal is linked to the full implementation of the agreements Minsk.

For more information about the extension of US sanctions against Russia, read the material “b” “Barack Obama extended for one year US sanctions against Russia».

For more information about the extension of the EU sanctions against Russia, read the material “b” “The EU extended sanctions against Russia for six months».