The United States has removed its sanctions on one of Latvia’s main ports after the Baltic country’s government took control of the port, the U.S. Treasury Department said on Wednesday.
Latvia’s parliament passed legislation last week to take control of the country’s two biggest ports in an effort to keep them open after U.S. sanctions against a Latvian oligarch threatened operations.
Latvian politician and businessman Aivars Lembergs and four entities that he owns or controls had been hit by U.S. sanctions on corruption allegations. Lembergs called the allegations “fake news”.
“The delisting of the Ventspils Freeport Authority underscores our commitment to…
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