Deputy PM: Russia Developing Support Measures for Aluminum Industry

© RIA Novosti . Igor Mikhalev  / Go to the mediabankПродукция Саянского алюминиевого завода
Продукция Саянского алюминиевого завода - Sputnik International
ST. PETERSBURG (Sputnik) – The Russian authorities are developing measures aimed at supporting the national aluminum industry, Russian Deputy Prime Minister Dmitry Kozak told Sputnik.

“The measures aimed at supporting our aluminum industry are being developed. I have already met with the business [circles] and discussed that,” Kozak said on the sidelines of the St. Petersburg International Economic Forum (SPIEF).

In March, US President Donald Trump signed an order imposing 25-percent tariffs for steel imports and 10-percent tariffs for aluminum imports over national security reasons.

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In early April, the United States targeted with sanctions the world’s biggest aluminum producer, Russia’s Rusal.

Meanwhile, the deputy prime minister has not mentioned which measures the government is going to undertake.

The SPIEF, held in St. Petersburg annually, is a major global platform for communication between business representatives and the discussions of the most pressing issues affecting politics, global economics, development and finance. The forum was held on Thursday-Saturday with the Rossiya Segodnya International Information Agency being an official media partner of the forum.

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