Russia's Novak: neither U.S. firms nor world economy benefit from sanctions

Russia's Novak: neither U.S. firms nor world economy benefit from sanctions

Heinz-Peter Bader

Novas is among those included on the new list, which was drawn up as part of a sanctions package signed into law last August. It does not mean those included will be subject to sanctions, but it casts a potential shadow of sanctions risk over a wide circle of wealthy Russians.

"All sanctions... aim to create obstacles for business which means hindering market competition," Novas said in a statement.

(Reporting by Denis Pinchuk; Editing by Gareth Jones)

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