April 24, 2018 / 9:33 AM / a month ago

Kremlin cautious about possible easing of U.S. curbs on Rusal

MOSCOW (Reuters) - Moscow is “cautious” about the possibility of Washington easing its sanctions on Russia’s biggest aluminum producer Rusal, Kremlin spokesman Dmitry Peskov said on Tuesday.

FILE PHOTO: Aluminium ingots are seen stored at the foundry shop of the Rusal Krasnoyarsk aluminium smelter in Krasnoyarsk, Siberia, July 27, 2016. REUTERS/Ilya Naymushin//File Photo

The United States on Monday gave Rusal’s American customers more time to comply with sanctions.

“In this case I would be rather cautious, as these statements are so hypothetical. It is clear that the decisions that have been taken are a painful blow to aluminum buyers on many continents, and naturally buyers are asking themselves why they have to bear the burden,” Peskov said.

Reporting by Maria Tsvetkova; Writing by Polina Ivanova; Editing by Andrey Ostroukh

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