US Treasury lifts sanctions on two Russian citizens and several foreigners
The U.S. Department of the Treasury has removed two Russian citizens, as well as a number of foreign individuals and a company, from its sanctions lists.
According to Censor.NET, this was reported by the Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury.
We are referring to Yuri and Lydia Korzhavin, who were previously subject to sanctions due to their activities in the transportation sector of the Russian economy.
Details
According to OFAC, the Korzhavins were added to the sanctions list in May 2024 as part of a package of restrictions targeting Russia’s military-industrial base and sanctions-evasion networks.
In addition to them, a Hungarian citizen, a citizen of Uzbekistan, and Reliable Freight Services FZCO, a company registered in the United Arab Emirates, were also removed from the list.
The reasons for this decision have not been officially specified.
Context
It was previously reported that U.S. Special Presidential Envoy John Cole announced, during a visit to Belarus, the lifting of sanctions against a number of Belarusian banks and companies involved in the production of potash fertilizers.
These steps are taking place against the backdrop of broader U.S. diplomatic engagement in the region.
