Rosatom terms sanctions by Biden administration 'unlawful', unfair competition from unfriendly countries

  • Posted on January 11, 2025
  • By Business News Today
  • 6 Views
Rosatom terms sanctions by Biden administration 'unlawful', unfair competition from unfriendly countries

The Biden administration's sanctions against Rosatom, a global leader in nuclear energy technologies, are deemed unlawful and a form of unfair competition by Rosatom. The sanctions aim to penalize Russia for its ongoing conflict in Ukraine, targeting 150 entities and individuals, potentially costing the Russian economy billions monthly.
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