EU opposes US sanctions in relation to the “Nord stream-2” – statement

KIEV. July 18. UNN. The EU is firmly opposed to the unilateral sanctions and the threat of their use by the US in respect of the gas pipeline “Nord stream-2” and “Turkish stream” because such measures are contrary to international law. This is stated in a statement on Friday the statement of the EU high representative for foreign Affairs and security policy, Josep Borrell, writes UNN.

“The EU is deeply concerned about the increasing number of cases of sanctions or threats of sanctions by the US against European companies and their interests. We see this trend against Iran, Cuba, and more recently — in relation to the “Nord stream-2” and “Turkish stream.” The EU has firmly opposed any U.S. sanctions against European companies, pursuing their legitimate business interests, and believes that extraterritorial limitations are contrary to international law”, — underlined in the text.

“European policy should be in Europe, not third countries,” said Borrell. However, he said that in those areas where “the interests of foreign and security policy (EU and USA) are the same, greater value is placed on a coordinated and targeted sanctions, which are implemented by all partners”. “When political interests diverge, the EU is open to dialogue, but negotiations cannot be conducted under threat of sanctions”, — concluded the head of European diplomacy.

The growing use of sanctions, or the threat of sanctions by the US against European companies and interests is a worrying trend. The EU opposes the use of sanctions by third countries on European companies carrying out legitimate business

— Josep Borrell Fontelles (@JosepBorrellF) July 17, 2020

U.S. Secretary of state Michael Pompeo said Wednesday that the us Department of state will include “the Nord stream-2” and “Turkish stream” in the number of projects subject to the law “On combating the enemies of America by sanctions” (CAATSA).

Reference: the project “Northern stream-2” involves the construction of two pipelines with a total capacity of 55 billion cubic meters per year off the coast of Russia through the Baltic sea to Germany. To date, he’s completed 93%. Stop in project implementation was due to the fact that in December 2019 because of US sanctions by the Swiss company Allseas stopped work on the construction of the pipeline and stole their ships.