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New Russia sanctions may strain EU-US relations

Wednesday, July 26, 2017

Significance

The unilateral move is raising concerns in Europe that EU energy companies could be sanctioned and that transatlantic unity on sanctions could be jeopardised.

Impacts

  • The bill could cause a further deterioration in US-Russian ties and weaken Trump’s ability to improve relations with Moscow.
  • Less EU-US coordination on sanctions could bring internal EU divisions to the fore.
  • Apart from Nord Stream 2, the sanctions could also affect the Blue Stream pipeline and a liquified natural gas plant in the Gulf of Finland.
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