The new measures were presented as an amendment to the draft law on sanctions against Iran. At the same time, the document contains a provision that forbids Donald Trump to weaken or cancel sanctions without the approval of the Congress.
According to the decision made, the maximum period for market financing of Russian banks will be reduced to 14 days, and to 30 days for oil and gas companies.
Also, within 180 days after the introduction of the amendments the U.S. Treasury Secretary should report on the possible consequences of extending sanctions on Russia’s sovereign debt.
Now the bill will be considered by the House of Representatives of the Congress, and then it will be sent for signature to the U.S. president Donald Trump.