New US Anti-Russia Sanctions Would Have Consequences for EU - Finnish President

Author: us-russia
Comments: 0
New US Anti-Russia Sanctions Would Have Consequences for EU - Finnish President
Published 28-07-2017, 07:07
The possible new US sanctions against Russia will also have consequences for the European Union, Finnish President Sauli Niinisto said Thursday.
SAVONLINNA (Sputnik) – The US House of Representatives approved by a 419-3 vote on Tuesday a new version of a bill that would impose sweeping sanctions on Russia, Iran and North Korea, and limit President Donald Trump’s ability to lift the restrictions on Moscow. The measures target Russia's defense, intelligence, mining, shipping and railway industries, and restrict dealings with Russian banks and energy companies.

France and Germany have so far spoken out against the bill as it affects European industries while advancing US commercial interests.

"This is not an easy or a painless issue for the European Union, therefore it is necessary to begin US-EU talks. These sanctions would have direct consequences for other countries, not even for Russia," Niinisto told a press conference following talks with Russian President Vladimir Putin.

The Finnish president noted that the European Union was discussing the issue of sanctions, and added that he shared "Putin's vision for better mutual understanding across the world."

In April, Gazprom's subsidiary Nord Stream 2 AG signed a deal with French Engie, UK’s Royal Dutch Shell, Austria’s OMV and Germany's Uniper and Wintershall, which agreed to provide part of long-term financing of the gas pipeline project, estimated at 9.5 billion euros ($10.6 billion).

The Nord Stream 2 project presumes the construction of two gas pipelines with a combined annual capacity of 55 billion cubic meters of gas. The new pipeline is planned to be laid along the existing Nord Stream pipeline route from the Russian coast through the Baltic Sea, on to a hub in Germany.

 

sputniknews.com

Comments: 0
Experts' Panel
Save the Planet Expert`s Pannel
Presently a growing number of people, including well known and...
Save the Planet Expert`s Pannel
Top
popular in the journal
Christmas wishes for US-Russia...

Christmas wishes for US-Russia...

Forget about claims that "America is back — we’re at the head of the table once again.”  Not only does this statement sound pathetic in the face of our country’s ...
Russia says American system...

Russia says American system...

The assault on the US Capitol by supporters of President Donald Trump lays bare fault lines in American democracy, Russia’s Foreign Ministry spokeswoman said on ...
RUSSIAN FEDERATION SITREP 31...

RUSSIAN FEDERATION SITREP 31...

Happy New Year! (as much as it can be, that is) С Новым Годом!
Russia wants UK, France to join...

Russia wants UK, France to join...

Russian ambassador to US said "these countries possess nuclear arsenals comparable to the Chinese one"