§9527 Sanctions with Respect to Investment in or Facilitation of Privatization of State-owned Assets by the Russian Federation

Summary

The President must impose at least five of the penalties listed elsewhere in the law if he finds that, on or after August 2, 2017, a person knowingly makes an investment of $10,000,000 or more (or several investments of at least $1,000,000 each that together reach $10,000,000 in any 12‑month period), or helps such an investment, and that investment directly and significantly helps Russia privatize state-owned assets in a way that unfairly benefits Russian government officials or their close associates or family members. The President can delay putting those sanctions in place only if he sends the appropriate congressional committees a written finding that the delay is either vital to U.S. national security or will help enforce the law, and a certification that Russia is taking steps to implement the Minsk Agreement (February 11, 2015), the Minsk Protocol (September 5, 2014), and any successor agreements agreed to by Ukraine to address the ongoing conflict in eastern Ukraine.