The US State Department official Erik Woodhouse is in Cyprus carrying additional evidence concerning sanctions on Russian oligarchs and Cypriot financiers assisting them. Woodhouse arrived on Wednesday on a two-day official visit and has held meetings with Cypriot officials on sanctions and Cypriot financiers’ involvement. According to reports, Woodhouse clarified to Cypriot officials that sanctions which include Cypriot nationals are directed against Russia and not against the Republic, whose reputation is at stake. Woodhouse – an expert in counter-threat finance — conveyed to the authorities that actions taken by the US were necessary for Cyprus to continue attracting foreign investments.
