Do not deceive, but sell

The decrease in the share of the oligarch Oleg Deripaska in UC Rusal in itself is not the basis for the abolition of sanctions against the company, the US Treasury said. The representative of the department in the commentary for RBC noted that "the path to weaken sanctions against Rusal lies through the exit of Oleg Deripaska from capital and refusal to control the company."

The day before, it became known that Deripaska decided to reduce the share in EN+, the largest shareholder of the UC Rusal aluminum company, to a level of lower than 50% after negotiations with the chairman of the board of directors of Gregori Barker. In addition, on the advice of Barker, the businessman decided to leave the Board of Directors EN+ and agreed to the appointment of new members of the Council, so that the majority of independent directors had in the new composition.

On April 6, Deripaska was included in the US sanctions list. After this, the Rusal campaign fell to a historical minimum.

"Rusal" filed a petition for divisting - the exclusion of its shares from the quotation list. In this regard, the US Treasury Department of Finance for six months - until October 23 - somewhat softened the sanctions against Rusal. For this period, US citizens and American companies are allowed to conclude a transaction with the Russian company related to the maintenance and coagulation of its business in the United States. Against foreign individuals and legal entities will also impose sanctions for concluding similar transactions with Rusal in the next six months.

In addition, the Ministry of Finance allowed us to use the Rusal business and curtailing business, part of the funds from this company itself and firms in which it has a share of 50 percent to finance the maintenance and coagulation of business. By the decision of April 6, these accounts were completely blocked.

It was reported that the leaders of France and Germany achieve the mitigation of American sanctions against Rusal in connection with the problems that arose among large European consumers of aluminum.