U.S. to impose blocking sanctions on state-owned Russia Direct Investment Fund -Breaking
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© Reuters. FILE PHOTO – The United States Department of the Treasury can be seen at Washington, D.C., U.S.A, August 30, 2020. REUTERS/Andrew KellyWASHINGTON, (Reuters) – The U.S. Treasury Department is going to impose full blocking sanctions on the state-owned Russian Direct Investment Fund. A White House spokesperson stated in a Twitter on Friday.
Fund is a financial entity that functions as a sovereign wealth funds and is intended to draw capital in high-growth industries.
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