US Treasury Eases Some Restrictions
on Russian Security Agency
February 02, 2017
The U.S. Treasury Department announced Thursday that it is easing some
restrictions on business transactions with Russia's Security Service
(FSB), despite cyber-sanctions put in place by former President Barack
The order published on the Treasury Department's website appeared to
ease restrictions on some information technology products, and allow
companies to pay up to $5,000 per year for permits or licenses that are
issued by the FSB.
White House spokesman Sean Spicer said the move doesn't mean the U.S. is
easing sanctions on Russia.
not easing sanctions. The Treasury Department, from what I understand,
it’s a fairly common practice for the Treasury Department after
sanctions are put in place to go back and look at whether or not there
needs to be specific carve outs for different, either, industries, or
products or services that need to be going back and forth but I would
refer you back to the treasury department on that one," he said.
President Donald Trump was also asked about the development and said he
is "not easing anything."
Former President Barack Obama strengthened the sanctions in December
after U.S. intelligence agencies accused Russia of hacking computers
connected to the Democratic Party as part of a broad campaign to
undermine presidential nominee Hillary Clinton.
U.S. intelligence agencies are still investigating the breach.
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