The U.S. State Department says it regrets a Russian decision to ban an economic development foundation once supported by President Vladimir Putin and former U.S. President George W. Bush.
A U.S. statement late Friday came hours after Russian prosecutors declared the U.S.-Russia Foundation and Rule of Law (USRF) an “undesirable” organization and banned Russian citizens and companies from cooperating with it.
U.S. officials describe the foundation as an effort to work in partnership with the Russian government and key institutions to promote long-term economic development and rule of law. Russian media describe its mission as strengthening bilateral ties by supporting a market …read more
Source: Voice of America
