Germany, US strike Nord Stream 2 compromise deal | DW News
The US and Germany have struck a compromise over the controversial Nord Stream 2 gas pipeline, according to a joint statement.
The pact comes days after Chancellor Angela Merkel's last official visit to Washington prior to leaving office this September. Officials had talked up the chances of an accord during the visit, and during Joe Biden's tour of Europe in June.
The two countries agreed to support Ukraine and to sanction Russia if it tries to use energy supplies for gaining geopolitical leverage.
"The United States and Germany are united in their determination to hold Russia to account for its aggression and malign activities by imposing costs via sanctions and other tools," the statement read.
"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, to limit Russian export capabilities to Europe in the energy sector, including gas, and/or in other economically relevant sectors," it said.
As part of the deal, Germany agreed to make investments into Ukraine and to actively ensure Moscow and Kyiv extend a gas transit agreement.
Additionally, Germany and the US would invest $1 billion (€0.85 billion) in a "Green Fund" to foster Ukrainian green-tech infrastructure, encompassing renewable energy and related industries, with the goal of improving Ukraine's energy independence.
Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1
For more news go to: http://www.dw.com/en/
Follow DW on social media:
►Facebook: https://www.facebook.com/deutschewellenews/
►Twitter: https://twitter.com/dwnews
►Instagram: https://www.instagram.com/dwnews
Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch
#energy #Germany #NordStream2
Видео Germany, US strike Nord Stream 2 compromise deal | DW News канала DW News
The pact comes days after Chancellor Angela Merkel's last official visit to Washington prior to leaving office this September. Officials had talked up the chances of an accord during the visit, and during Joe Biden's tour of Europe in June.
The two countries agreed to support Ukraine and to sanction Russia if it tries to use energy supplies for gaining geopolitical leverage.
"The United States and Germany are united in their determination to hold Russia to account for its aggression and malign activities by imposing costs via sanctions and other tools," the statement read.
"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, to limit Russian export capabilities to Europe in the energy sector, including gas, and/or in other economically relevant sectors," it said.
As part of the deal, Germany agreed to make investments into Ukraine and to actively ensure Moscow and Kyiv extend a gas transit agreement.
Additionally, Germany and the US would invest $1 billion (€0.85 billion) in a "Green Fund" to foster Ukrainian green-tech infrastructure, encompassing renewable energy and related industries, with the goal of improving Ukraine's energy independence.
Subscribe: https://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1
For more news go to: http://www.dw.com/en/
Follow DW on social media:
►Facebook: https://www.facebook.com/deutschewellenews/
►Twitter: https://twitter.com/dwnews
►Instagram: https://www.instagram.com/dwnews
Für Videos in deutscher Sprache besuchen Sie: https://www.youtube.com/dwdeutsch
#energy #Germany #NordStream2
Видео Germany, US strike Nord Stream 2 compromise deal | DW News канала DW News
Показать
Комментарии отсутствуют
Информация о видео
Другие видео канала
Constructing Mammoth Underwater Gas Pipeline | Building The Biggest | SparkNord Stream 2: Was It Merkel's Biggest Mistake? - TLDR NewsWhy has Germany halted Nord Stream 2? | Inside StoryCarrier rocket developed by German start-up due for take-off next year | DW BusinessRussia invades Ukraine LIVE | DW News livestream | Headline news from around the worldNo Oil Sanction Relief, $7 Bn Assets, US Wants Prisoners Freed: Will Iran Accept Nuclear Draft Deal?Russia turns to China with landmark gas pipeline | FTNord Stream 2: The $11BN Megaproject That's Dividing EuropeTrump on Russia pipeline to Germany, Crimea, UK PMUS threatens Germany with sanctions over Nord Stream 2 gas pipeline | DW NewsGeopolitical drama over Nord Stream 2 gas pipeline | $11 bn project connects Germany & Russia | WIONHow Russia's Nord Stream 2 Pipeline Plays a Role in the Ukraine Crisis | WSJNord Stream in 150 secNord Stream 2, el gasoducto de la discordia entre EE. UU., Rusia y EuropaGermany's energy agency halts approval of Nord Stream 2 | DW NewsWhy China & Russia’s Mega Gas Pipeline Project Could Be A Gamechanger Amid Tensions With US & AlliesNord Stream 2 explained (explainity® explainer video)Energy security, EU relations and political power plays: What the Nord Stream 2 debate is all aboutUS sanctions against Germany: How dangerous is Nord Stream 2? | To the pointWorld’s Longest Subsea Pipeline | Megastructures | Free Documentary