WASHINGTON – The Treasury Department announced Friday it has lifted Russia-related sanctions against a United Arab Emirates shipping company, according to an official notice posted on the agency’s website.
Globe Trekkers, a freight and logistics firm operating out of the UAE, had previously been subject to U.S. sanctions tied to Russia. The Treasury’s website confirmed the company’s removal from the sanctions list as of March 6.
The notice provides no additional details about the reasoning behind the decision to remove the sanctions or the timeline for when they were originally imposed on the logistics company.
