US Congress Imposed New Sanctions against Nord Stream 2
OREANDA-NEWS. New restrictions against the construction of the gas pipeline Nord Stream 2 were included in the draft defense budget of the United States for 2021. It follows from the version of the law on allocations for national defense for next year supported by both chambers of the US Congress.
The document stipulates restrictions for companies providing insurance and certification services required to complete construction Nord Stream 2. The sanctions also apply to enterprises that provide services for the modernization or installation of welding equipment on ships participating in the construction, as well as their modification or additional equipment.
The US President can waive sanctions against this or that individual basing on national interests, the document adds.
The draft law also includes the requirement to consult with a number of countries when imposing sanctions. The United Kingdom, Switzerland, Norway and the countries of the European Union are among them.