US Lifts Fertilizer Sanctions!! - Inside Russia Report

"Washington aims to protect farmers from fertilizer shortages
US exempts critical Russian commodity from sanctions.

Washington has eased sanctions on Russian agricultural products, including fertilizers, placed on Moscow over the crisis in Ukraine. The move aims to protect US farmers from a shortage of chemical products as food prices in the country continue to soar.
The Office of Foreign Assets Control (OFAC) of the US Treasury recently published a new general license dated March 24, which effectively removed restrictions on the import of Russian fertilizers."

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Sources:

US exempts critical Russian commodity from sanctions: https://www.rt.com/business/553034-us-russia-fertilizers-sanctions/

OFFICE OF FOREIGN ASSETS CONTROL
Russian Harmful Foreign Activities Sanctions Regulations
31 CFR part 587
GENERAL LICENSE NO. 6A
https://home.treasury.gov/system/files/126/russia_gl6a.pdf

#Russia #US #Sanctions