The United States has decided to end, from 12:01 a.m. Wednesday Washington time, an exemption allowing Moscow to pay its debts with dollars, the United States Treasury announced on Tuesday, a decision that could precipitate the country into default. of payment.
The exemption from the drastic financial sanctions imposed on Moscow after its invasion of Ukraine in late February will end two days before Russia’s next payment deadline.
In place since the start of Western sanctions against Russia, in retaliation for the war in Ukraine, this exemption had allowed Moscow to escape default.
It had been decided by Washington to “allow an orderly transition and investors to sell their securities“, had explained the u.s. secretary of the Treasury Janet Yellen last week.
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