Economy

Trump administration imposes sanctions on Nordstream 2 for the first time

US President Donald Trump.

dpa

He is only in office for a few hours, but the administration of US President Donald Trump will impose sanctions on the Nordstream 2 Baltic Sea pipeline on Tuesday. The aim of the sanctions is the ship “Fortuna” and its owner, the Russian company KVT-RUS, reports the “Handelsblatt”. According to the newspaper, the Americans informed the German government and other European partners about this on Monday.

The US is doing this seriously and for the first time is imposing sanctions against Nordstream 2 instead of just threatening it. The basis for the decision is the Sanctions Act CAATSA, short for “Countering America’s Adversaries Through Sanctions Act”.

“Endangers national security interests”

A spokesman for the US embassy commented on the process to the “Handelsblatt”. “We will continue to take all necessary and appropriate steps to prevent Nord Stream 2. We do not comment on future sanctions measures, but we remain in contact with allies and partners about potential sanctions issues. ”The US government hopes“ that Germany will reconsider its position on the Nord Stream 2 pipeline ”. The project “endangers vital national security interests of our European partners and the United States”.

A spokeswoman for the Federal Ministry of Economics also reacted to the process: “We take note of this with regret”. According to “Handelsblatt”, the federal government should consider the lawsuit to be unlawful.

Nord Stream 2 is expected to double the capacity for direct deliveries of Russian gas to Germany. The US fears that the pipeline will increase Europe’s dependence on Moscow and at the same time weaken Ukraine, which is dependent on charges from land-based gas transit.

Tags

Related Articles

Back to top button
Close
Close