Germany calls for European Union countermeasures against USA following Russian sanctions

02 August, 2017, 00:14 | Author: Gregory Stephens
  • Fake: EU To Impose Retaliatory Sanctions Against US

Both houses of Congress approved the new sanctions against Russian Federation due to Moscow's alleged meddling in the USA election a year ago and over the annexation of the Crimea in 2014.

She also said that "the Americans cannot punish German companies because they operate economically in another country".

European leaders say the sanctions will jeopardize their energy security and hurt their economies.

The sanctions target Russian gas and pipeline developments by codifying six of former President Barack Obama's executive orders implemented near the end of his term.

"Of course we don't want a trade war".

In a separate report, The Local noted that Germany had repeatedly asked Washington not to deviate from the common western sanctions policy against Russian Federation. "That means that it is right that the European Commission now considers countermeasures.Europe is ready to adopt short-term countermeasures in other parts of the world, too", Zypries warned.

"Unfortunately, that is exactly what they are doing".

The United States has for years opposed the Nord Stream 2 pipeline, saying it will only increase European dependence on Russian Federation for natural gas when Western allies should be diversifying their energy sources away from Russian Federation.

German business representatives have raised concerns that their interests could be harmed as a outcome, in regards to long-standing cooperation on European energy supply with Russian organisations.

Zypries added that the European Union should consider countermeasures in retaliation.

The new U.S. sanctions aim "to squeeze Russian gas out of the European market to give room to American gas".

"One is left with the sense that the United States is looking to its own economic interests", Volker Triere, the head of the Germany Chamber of Industry and Commerce, said last week.

"We think it to be an absolutely improper approach", the German Foreign Minister said castigating Washington.

Also on Monday, however, U.S. vice-president Mike Pence heard warm praise for the sanctions during talks with leaders of the three Baltic states in Estonia.

"I welcome very much the US Senate's decision, and hope very much that president Trump will support this decision for imposing sanctions".



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