§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, someone who knew what they were doing made an investment of $10,000,000 or more (or placed multiple investments of $1,000,000 or more that together reach $10,000,000 in any 12-month period), or helped such an investment, and that money directly and significantly helped Russia sell state-owned assets in a way that unfairly benefits Russian government officials or their close associates or family. The President can only delay applying these sanctions at first if he sends the appropriate congressional committees a written decision saying the delay is either necessary for vital U.S. national security or will help enforce this law, and also certifies that Russia is taking steps to implement the Minsk Agreement (signed in Minsk, Belarus, on February 11, 2015), the Minsk Protocol (September 5, 2014), and any successor agreements agreed to by the Government of Ukraine.