Axar.az
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18 November 2017


EU unlikely to stand against US sanctions on Russia

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The European Commission vowed to consider countermeasures in response to the new US law on anti-Russian sanctions which risk damaging Europe's economic interests. At the same time, Brussels is unlikely to engage in a full-fledged standoff against Washington.

Axar.az reports citing Sputnik news that on Wednesday, United States President Donald Trump signed into law a new bill stipulating additional sanctions against Russia, Iran and North Korea.

The law presumes sanctions against Russia's defense, intelligence, mining, shipping and railway industries and restricts dealings with Russian banks and energy companies. In addition, the US will continue to oppose the implementation of the Nord Stream 2 gas pipeline project, citing the alleged adverse impact it exerts on the energy security of the European Union.

The law also limits the US president's ability to ease any sanctions on Moscow by requiring congressional approval to lift any restrictions.

On Wednesday, the White House also issued an official statement in which Trump said that the law remains "seriously flawed." In particular, the US president expressed concerns that the new sanctions against Russia will hurt the interests of Washington’s allies in Europe.

'Violation of International Law'

Brussels vowed to take measure to defend its economic interests in the face of a new round of anti-Russian sanctions.

"We are ready … We must defend our economic interests, including vis-a-vis the United States, and we shall do that," European Commission President Jean-Claude Juncker told the NDR radio broadcaster.

Date
2017.08.04 / 14:51
Author
Axar.az
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