UK grants temporary sanctions exemption for Lukoil subsidiary in Bulgaria

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SOFIA, Bulgaria (AP) — Bulgaria’s economy received a temporary relief Friday after Britain announced a three-month reprieve from sanctions on Lukoil’s local subsidiaries, according to the official news agency BTA. The agency quoted the Office of Financial Sanctions Implementation in London as saying that the license permits Lukoil Bulgaria to continue doing business with UK companies and banks. Officials in Sofia said the U.S. Treasury’s Office of Foreign Assets Control is expected to issue a

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