... 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... ... 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... ... escalation of sanctions has accelerated significantly. The blocking sanctions of the USA, EU, Canada, Great Britain and Switzerland fell on a number of Belarusian officials...
... inherited from President Donald Trump. The “toxic” assets of the departed team include deterioriated relations with the European Union. The divisions between Washington and Brussels have existed since long before Trump’s arrival in the White House.... ... 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 ...
... 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 ...
... 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 ... ... the present, which are currently en route to the Senate.
An ideal scenario would entail a tripartite summit involving Russia, USA, and Europe to find a solution to the issue — a push towards an entente. Given the current complexity of affairs, however,...
The way things will develop for the Nord Stream 2 will be partly determined by the unfoldment of the debates over the greater ... ... 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... ... impact strategic security relations in a triangle formed by Russia, the EU and the USA.
On the one hand, the developments around the Nord Stream 2 are quite similar to...
... 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 for preferential relations with ...
....-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....
... Construction of the Pipeline, and Who Will Not
News about the construction of the Nord Stream 2 gas pipeline can be heard almost every day, like reports from the front... ... criticism, and a 2014 visit of U.S. senators to Bulgaria was soon followed by the refusal of the authorities in that country to go ahead with the Gazprom project to build... ... the Third Energy Package to include maritime parts of gas pipelines running into the European Union. The new rules would mean that Gazprom would only be able to transport...
