Deripaska and Allies Could Benefit From Sanctions Deal, Document Shows

An agreement that the companies controlled by the Russian oligarch Oleg V. Deripaska negotiated with the Trump administration may have been less punitive than advertised. Credit: Sergei Karpukhin, Reuters

WASHINGTON — When the Trump administration announced last month that it was lifting sanctions against a trio of companies controlled by an influential Russian oligarch, it cast the move as tough on Russia and on the oligarch, arguing that he had to make painful concessions to get the sanctions lifted.

But a binding confidential document signed by both sides suggests that the agreement the administration negotiated with the companies controlled by the oligarch, Oleg V. Deripaska, may have been less punitive than advertised.

The deal contains provisions that free him from hundreds of millions of dollars in debt while leaving him and his allies with majority ownership of his most important company, the document shows.

View the complete January 21 article by Kenneth P. Vogel on The New York Times website here.