US removes sanctions from two Russian nationals

Irina Vakulyuk — 21 March, 07:50
US removes sanctions from two Russian nationals
The US flag. Photo: Pexels

The US Department of the Treasury has removed two Russian citizens from its sanctions list.

Source: Office of Foreign Assets Control (OFAC)

Details: Yurii and Lidiya Korzhavin were added to the sanctions list in May 2024 as part of measures targeting Russia's defence industrial base and sanctions-evasion networks. At the time, OFAC said they had been listed for their involvement in Russia's transport sector.

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Sanctions have also been lifted from a Hungarian citizen, an Uzbek citizen, and a company, Reliable Freight Services FZCO, registered in the United Arab Emirates.

Background: US President Donald Trump's Special Envoy John Coale announced during a visit to Belarus on 19 March that sanctions would be lifted on several Belarusian banks and potash-producing companies.

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