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Maroc Maroc - NAIJA247NEWS.COM - A La Une - 25/Aug 11:33

US Warns of Secondary Sanctions for Countries Allowing Russian Banks to Open Local Branches

On Friday, the US Treasury’s Office of Foreign Assets Control (OFAC) announced that nations maintaining economic ties with Russia could face secondary sanctions if they permit Russian banks to open local branches to facilitate trade. These measures aim to close loopholes that Moscow is reportedly using to evade existing sanctions. The Treasury Department alleges that […]

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