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VW's former Kaluga factory, which has annual production capacity of 225,000 vehicles, was renamed AGR Automotive by its new owner.

Chery and AGR Automotive declined to comment.

Under current plans, even with the extensions agreed today, the country's entire fleet of AGR reactors is due to close by 2028.

Goetz and Uganda-based AGR are key players in Congo’s illicit gold trade, which is worth hundreds of millions of dollars each year and is the largest source of revenue for armed groups in the country, the Treasury said Thursday in an emailed statement.

Goetz, AGR and eight other linked companies will have their U.S.-based assets blocked under the sanctions, it said.