Russia's Putin Speaks Out Against American Sanctions
Matthew Borghese - All Headline News Staff Writer Moscow, Russia (AHN) - Russian President Vladimir Putin is speaking out against sanctions imposed by the U.S. on two Russian companies. Putin calls the sanctions an "illegitimate attempt to make foreign companies work by internal American rules," after the U.S. banned all American companies from dealing with two Russian firms that sold hardware to Iran. More importantly, one of the companies, Rosoboronexport, is led by Sergei Chemezov, a former KGB officer who served with Putin in East Germany during the Cold War. President Putin explains, "These sanctions, which the US unilaterally imposes on other countries and their organizations, are an obvious political and legal anachronism." The U.S. Department of State says the companies were allowing Iran to develop weapons of mass destruction, as well as cruise or ballistic missile systems to compliment its upcoming nuclear power. According to MSNBC, the sanctions could have further reaching implications than Washington perceived; U.S. companies such as Boeing, works with Sukhoi in Russia and is a large customer of VSMPO-Avisma, a Russian titanium company, which has been targeted for a takeover by Rosoboronexport. Under the sanctions, no American company can deal with the banned Russian firms for two years.
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