... officials, although it did not go for stricter restrictions on financial institutions.
Sanctions against China were imposed by the European Union and other US allies. Brussels has done so using its
new legal mechanism on human rights
. Beijing delivered an ... ... sanctions topic.
Ivan Timofeev:
Platform Modernisation: What the US Treasury Sanctions Review Is All About
The situation with Nord Stream 2 has also stabilised. Throughout 2020, the US discussed tougher sanctions against Russian pipeline projects. However,...
... punitive measures being taken by the US Treasury and other departments. The second event was Washington’s powerful attack on the Nord Stream 2 pipeline project. Trump has openly opposed the pipeline, although the Obama administration was also against the ... ... Commission
. Currently, we can talk about the formation of a number of strategic goals, the achievement of which should allow the European Union to
increase its stability
in relation to extraterritorial sanctions of the United States and other countries. ...
... Timofeev:
Biden's Sanctions Policy. The First Steps
It's important to consider is the continuation of oil trade between the Netherlands and Russia. If the West is so concerned about preserving its ideals, why hasn't this trade been pressured? Likely because Nord Stream 2 is a relatively recent development, but the arrangement between the Dutch and Russia has been around for some time. What is odd, however, are the numbers. Between the Netherlands and Russia, there is hardly a difference in the dollar value ...
... flying start.
It’s time to let go…because of an incoherent strategy, appearing in a historical context of failure, signals peril.
Round One: Shaky First Steps
Petr Korzun:
International Security Implications of the US-Russia Contention Over the Nord Stream 2
This new task of sanctioning the NS2 project appeared not as a unilateral and relatively clear-cut scenario as had been the case of sanctions vis-à-vis, for example, Iran, where its effects could do minimal damage to the robust transatlantic ...
... domain and have been at the centre of technical and political discussions for several years. The project comes amid a wide range of comments and statements on the high political level, involving leaders of Germany, Russia, the United States and the European Union. The polemic around the Nord Stream 2 takes place in a particular context marked by the growing tensions between Russia and the West and recurrent security incidents in the East of Ukraine and the Crimea area. Those factors add further to a tendency to overemphasize political ...
... countries in pan-European organizations (PACE, OSCE); 2020 will be a challenging year in the history of these organizations, which will be put under immense political pressure. The further politicization of energy cooperation between Russia and the European Union (for instance, the emergence of new issues in completing work on Nord Stream 2; and the blatant refusal of some EU states to prolong gas contracts with Russia). The clash between Russian and European interests in some regions of the world, including Africa and Latin America, and competition between Russia and Europe ...
....-Russia rivalry agenda. However, executive authorities have not yet implemented sec.235 against Russian pipeline projects, where Nord Stream 2 (NS2) is of paramount importance. One of the reasons could be a concern with the position of Berlin, which has repeatedly ... ... preserve a considerable part of its gas transit via Ukraine — this has been one of the key demands to support the project. The European Union has never invited the U.S. to protect them from the NS2, though there was a heated debate inside the EU. Apparently,...
... in improving our relations.
What about big energy projects, like Turkish Stream? Where will it go from Turkey?
Well, it will go either to Bulgaria or Greece. Or both, provided the route is cleared by the European Commission. The difference between Nord Stream 2 and Turk Stream is that Nord Stream is a pipeline connecting one country to another country, it doesn’t need a further network of distribution, because it’s already there.
With Turkish Stream you need further pipelines…
Precisely....
... cubic metres would be transported under the project, which will cost a total of 9.5 billion euros. Evidently, Gazprom’s opponents were expecting European companies to abandon the project in light of these circumstances. However, the Council of the European Union Legal Service
pointed out
that expanding the provisions of the Third Energy Package to include Nord Stream 2 was impossible, as it would go against international law.
If you can prove that Nord Stream 2 is a political, rather than an economic project, then the Europeans will automatically reject it.
The Polish leadership and experts in the country ...
