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German minister: U.S. anti-Russian sanctions threaten Germany

Staff Writer |
The new U.S. anti-Russian sanctions that cover natural gas pipeline projects with participation of Germany threaten the country’s economic interests, German Foreign Minister Sigmar Gabriel said.

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“The anti-Russian sanctions that the U.S. Congress approved this summer include conditions that cover the existing German pipelines that run from Russia. These sanctions are in fact threatening our own economic interests,” he said.

In August, U.S. President Donald Trump signed a bill introducing additional sanctions against Russia among several other states.

The bill prohibits companies from investing more than U.S. $1 million in a single payment or more than $5 million during the course of a year in construction of Russian export pipelines, as well as provision of goods, services, technologies and information support for the construction.

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