Boeing Fears U.S. Sanctions Can Damage Its Business in Russia

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Boeing Fears U.S. Sanctions Can Damage Its Business in Russia
2006-08-10
U.S. aircraft giant Boeing is currently reviewing the impact that U.S. sanctions against two top Russian arms firms could have on its business in Russia, Boeing country head Sergei Kravchenko said on Wednesday, Aug. 9. As MosNews has reported, the United States announced the sanctions on seven firms from Russia, India, North Korea and Cuba on Friday, Aug. 4. The sanctions were imposed for supposedly selling restricted items to Iran, which Washington fears is trying to make nuclear weapons. Analysts have said that Russian state companies might be less inclined to do business with Boeing because of the sanctions. ?Boeing will be reviewing the State Department sanctions, imposed last Friday, to ensure that the Boeing company will be in full compliance with all the requirements of U.S.
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