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YEREVAN. – Haykakan Zhamanak newspaper says U.S. Embassy has warned the Armenian government and business structures about the risks of working with Russian companies included in the sanction list.

“We call on all countries and their residents to consider their reputation-related risks that arise from the cooperation with individuals and companies [Russian], and to stop all transactions that are contrary to the sanctions imposed by us and others,” the newspaper quotes the message.

Haykakan Zhamanak recalls that companies included in the so-call “blacklist” are actively functioning in Armenia, among them Gazprombank and VTB. Meanwhile, Russia's Rosnevft was going to make major investment in Nairit rubber plant.

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