Tariffs on imports only way to get fairness, says Trump    24 Democratic states and cities sue over Trump's bid to end birthright citizenship    As fighting in Gaza stops, Israel launches major military campaign in West Bank Israeli forces kill 10 Palestinians in Jenin    Saudi Arabia introduces national policy to eliminate forced labor    Al Hilal solidifies Saudi Pro League lead with a 4-1 victory over Al Wahda    Al Nassr secures hard-fought 3-1 victory over Al Khaleej in Saudi Pro League    Al Hilal signs young Brazilian talent Kaio César from Vitória Guimarães    Roberto Firmino's volley secures Al Ahli's 2-1 win over Al Ettifaq    Saudi foreign minister expresses cautious optimism about Syria Prince Faisal will visit Lebanon soon    Saudi Arabia is keen on continue working with US Princess Reema attends inauguration of President Trump    Arcapita & Parkway invest in a portfolio of high-growth Artificial Intelligence companies    Trump makes 'two genders' and anti-DEI policy official    "Dar wa Emaar" generates more than SR900 million in sales of "Tala al Khuzam" units within 2 months Unique housing and investment opportunity in north Riyadh    Saudi Aramco chief expects oil demand to rise by 1.3 million bpd this year    Saudi Minister of Economy and Planning meets with Schneider Electric chairman in Davos    Saudi Arabia takes part in Ministerial Meeting in New York in support of Yemeni government    Princess Hessa bint Salman attends launch of fashion design exhibition in Riyadh Princess Noura Al-Faisal: Art of Heritage showcases Saudi identity with a modern vision    Weight-loss drugs may boost health in many ways    Interior ministry introduces drone to enhance road security    Sir Anthony Hopkins mesmerizes Riyadh with his first live musical performance 'Life Is A Dream'    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Ukraine, Poland slam 'insufficient' deal struck by Germany and US on Nord Stream 2
Published in The Saudi Gazette on 22 - 07 - 2021

Germany and the United States have announced a deal to allow the completion of a controversial Russian gas pipeline to Europe without the imposition of further US sanctions.
The agreement on Nord Stream 2, announced on Wednesday, says Germany and the U.S. commit to countering any future Russian attempt to use the pipeline as a political tool.
The two states also agreed to support Ukraine and Poland, which construe the project as a security threat, by funding alternative energy and development projects.
In a joint statement, the two governments said they were "united in their determination to hold Russia to account for aggression and malign activities by imposing costs via sanctions and other tools" - referring largely to Russian support for separatists in Ukraine.
There are long-held concerns that Nord Stream 2 could give Russia too much power over European gas supplies, or allow gas to be shut off to Russia's adversaries.
But the pipeline is almost completed and has had the staunch support of German Chancellor Angela Merkel throughout the process.
What has Germany signed up to?
The joint statement says that "should Russia attempt to use energy as a weapon, or commit further aggressive acts against Ukraine, Germany will take action at the national level and press for effective measures at the European level, including sanctions."
Germany and the US have both committed to supporting a $1 billion fund for Ukraine to diversify its energy sources, of which Germany will provide an initial $175 million.
Germany has also guaranteed it will reimburse Ukraine for gas transit fees it will lose from being bypassed by Nord Stream 2 until 2024, with a possible 10-year extension.
It has also committed to continuing offering Ukraine support to transition away from coal, including by appointing a new "special envoy" with dedicated funding of $70 million.
In a nod to Poland, Germany has also agreed to sign the 'Three Seas Initiative',
an EU and U.S.-promoted scheme that aims to boost energy security among countries bordering the Baltic, Black, and Adriatic seas.
The German government, the statement said, will help to contribute up to $1.7 billion of European Union funding to the initiative up until 2027.
Opposition to Nord Stream 2
The U.S. waived sanctions on the Russian companies overseeing Nord Stream 2 in May this year. But the Biden administration still opposes the pipeline in principle.
The deal has already attracted condemnation from Ukraine and Poland. In a joint statement issued on Wednesday night, the countries' two foreign ministers, Dmytro Kuleba and Zbigniew Rau called the deal struck "insufficient".
"The decision to build Nord Stream 2 made in 2015 mere months after Russia's invasion and illegal annexation of Ukrainian territory, created a security, credibility and political crisis in Europe," they said. "Currently, this crisis is significantly deepened by the resignation from attempts to stop the launch of the NS2 gas pipeline.
"Unfortunately, the proposals to cover the resulting security deficit cannot be considered sufficient to limit the threats created by NS2. We call on the United States and Germany to adequately address the security crisis in our region, which Russia is the only beneficiary to. Ukraine and Poland will work together with their and partners to oppose NS2 until solutions are developed."
US politicians of all stripes also lined up to criticize the move on Wednesday. The top Republican on the House Foreign Affairs Committee, Rep. Michael McCaul of Texas, said he had no doubt Russia would still "use the Nord Stream 2 pipeline as a weapon of coercion against Ukraine and transatlantic energy security as soon as it is operational.
"Promises to invest in future Ukrainian energy projects and ambiguous threats of consequences won't change that reality."
The State Department said its officials are due to visit both Kyiv and Warsaw this week to inform them in the person of the deal.
Ukrainian President Volodymyr Zelenskyy is also now due to visit Biden on Aug. 30. An invitation for "later this summer" had been announced in June before Biden met Russian President Vladimir Putin in Geneva, but a date was not set until Wednesday. — Euronews


Clic here to read the story from its source.