US Congressman Meeks introduces bill aimed at blocking diesel deal with Russia
The vice chair of the U.S. House of Representatives Committee on Foreign Affairs, Democrat Gregory Meeks, introduced a bill aimed at blocking a diesel deal with Russia and banning investments in the Russian energy sector, according to a statement posted on the committee's website on Friday.
U.S. Representative Gregory Meeks, chair of the House Foreign Affairs Committee, has introduced legislation to block a proposed diesel deal with Russia and restrict investments in the country's energy sector. The bipartisan Prohibit Corrupt Russia Oil Deals Act seeks to nullify President Trump's agreement with Russian President Vladimir Putin, which would involve the purchase and import of Russian diesel.
Additionally, the bill prohibits the U.S. International Development Finance Corporation from investing in Russian energy and mandates the imposition of sanctions on Russia's energy sector. It also targets the revocation of existing OFAC licenses that permit the purchase of Russian energy resources and bans the issuance of such licenses in the future.
Co-sponsored by several Democrats and one Republican, the bill follows a recent call between U.S. and Russian presidents, during which OFAC issued a temporary general license permitting the supply of Russian diesel to the global market, valid until April of the following year.
Written by urgent.news from Interfax-Ukraine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
