The Office of Foreign Assets Control (OFAC) of the US financial authority announced an exceptional mode of easing sanctions restrictions. The emergency decision aims to ensure the smooth conduct of the diplomatic meeting between the heads of state of the USA and Russia, planned for the upcoming Friday in the state of Alaska.
The official statement emphasizes that the temporary exemption covers only those transactions directly related to the organizational and logistical preparation of the meeting. The easing will be valid until August 20, with a specific focus on activities necessary for the presence of delegations.
The context of the decision is particularly significant, given the prolonged period of tension between the two countries. In recent years, the United States has imposed extensive sanctions against Russian officials and organizations, mainly due to the conflict in Ukraine. The current diplomatic pause is seen as a potential opportunity for dialogue and possible thawing of relations.