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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (4982)4/4/1999 11:21:00 PM
From: Rande Is  Read Replies (2) of 57584
 
RUSSIA DENOUNCES U.S. SANCTIONS

MOSCOW -- Russian Defense Minister Igor Sergeyev condemned a U.S. decision to sanction three Russian companies for supplying antitank weapons to Syria, Russian news agencies reported yesterday.

U.S. State Department spokesman James P. Rubin said Friday that Secretary of State Madeleine K. Albright had determined that the Russian government was involved in the weapons transfer, but waived sanctions on that front, preserving $90 million in U.S. aid to Moscow which otherwise would have been jeopardized. Washington accuses Syria of sponsoring terrorism.

Rubin identified the three firms facing sanctions as Tula Design Bureau, Volsky Mechanical Plant and Tzniitochmash. The new sanctions come at a time when NATO airstrikes against Yugoslavia have created serious tension between Moscow and Washington.
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