Economics

Russia Puts Planned Retaliation for U.S. Sanctions on Slow Track

U.S. to Hit Russia With New Sanctions

Lock
This article is for subscribers only.

Russia slowed moves on a sweeping proposal for anti-American economic retaliation unveiled by lawmakers last week, even as the U.S. plans another round of sanctions over the Kremlin’s backing of the Syrian government.

“We will organize meetings with the business community, with companies,” Vyacheslav Volodin, speaker of the lower house of parliament, told reporters Monday, announcing the initial vote on the plan would be delayed until May 15. He said the proposal will also be sent to the government and Kremlin for their views, as well as those of “the expert community.”