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EU Warns U.S. It May Respond Swiftly to Counter New Sanctions on Russia

  • It is safe to conclude that US hegemony over Europe is coming to an end.
  • EU Warns U.S. It May Respond Swiftly to Counter New Sanctions on Russia
    by Alissa de Carbonnel, Philip Blenkinsop and Robin Emmott; editing by Mark Heinrich and Mark Trevelyan, http://www.reuters.com/
    BRUSSELS (Reuters) – The European Union warned on Wednesday that it was ready to act within days to counter proposed new U.S. sanctions on Russia, saying they would harm the bloc’s energy security.

    Sanctions legislation overwhelmingly approved by the U.S. House of Representatives on Tuesday has angered EU officials: they see it as breaking transatlantic unity in the West’s response to Moscow’s annexation of Crimea from Ukraine in 2014 and its support for separatists in eastern Ukraine.

    Brussels also fears the new sanctions will harm European firms with connections to Russia, and oil and gas projects on which the EU is dependent.

    “The U.S. bill could have unintended unilateral effects that impact the EU’s energy security interests,” EU chief executive Jean-Claude Juncker said in a statement issued after a meeting at which European commissioners were united in their views, according to a senior EU official.

    “If our concerns are not taken into account sufficiently, we stand ready to act appropriately within a matter of days. ‘America First’ cannot mean that Europe’s interests come last,” he said, mentioning President Donald Trump’s guiding slogan.

    A EU document prepared for the commissioners, seen by Reuters, laid out the EU’s plans to seek “demonstrable reassurances” that the White House would not use the bill to target EU interests.

    read more.

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July 27, 2017 - Posted by | Economics, GeoPolitics | , ,

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