US exempts critical Russian commodity from sanctions ...News

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US exempts critical Russian commodity from sanctions
Washington aims to protect farmers from fertilizer shortages Washington has eased sanctions on Russian agricultural products, including fertilizers, placed on Moscow over the crisis in Ukraine. The move aims to protect US farmers from a shortage of chemical products as food prices in the country continue to soar. The Office of Foreign Assets Control (OFAC) of the US Treasury recently published a new general license dated March 24, which effectively removed restrictions on the import of Russian fertilizers. The document authorized transactions relating to the exportation and re-exportation of agricultural commoditi

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