§9527 Sanctions with respect to investment in or facilitation of privatization of State-owned assets by the Russian Federation

Summary

The President must use at least five of the sanctions listed in section 9529 if the President finds that, on or after August 2, 2017, a person who knew what they were doing invested $10,000,000 or more (or made multiple investments of at least $1,000,000 each that total $10,000,000 or more in any 12‑month period), or helped make such an investment, and that investment directly and significantly helps Russia sell off government-owned assets in a way that unfairly benefits Russian officials or their close associates or family members. The President can delay applying those sanctions at first only if he sends to the appropriate congressional committees both a written finding that the waiver is either in the vital national security interests of the United States or will help enforce this law, and a certification that Russia is taking steps to implement the Minsk Agreement (signed February 11, 2015), the Minsk Protocol (September 5, 2014), and any successor agreements agreed to by the Government of Ukraine.