U.S. to impose blocking sanctions on state-owned Russia Direct Investment Fund

U.S. to impose blocking sanctions on state-owned Russia Direct Investment Fund
  • Country:
  • United States

The U.S. Treasury Department will impose "full blocking sanctions" on state-owned Russian Direct Investment Fund, a White House spokesperson said in a tweet on Friday.

The fund is a financial entity functioning as a sovereign wealth fund and designed to attract capital into high-growth sectors.

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