US Congress sets up sanctions against Nord Stream 2 companies

Sanctions on companies involved in the Nord Stream 2 pipeline have been added to the draft 2020 National Defense Authorization Act, Senate Foreign Relations Committee Chairman Jim Risch told Defense News on the sidelines of the Halifax International Security Forum.

“The reason for the push is that this window is closing. A lot of Nord Stream is done already,” said Risch, R-Idaho, adding he believes the sanctions will persuade the construction firms involved to stop work on the project.

“It will cost them dearly. I think if those sanctions pass [the companies] will shut down, and I think the Russians will have to look for another way to do this, if they can do this,” Risch said."

You can read the rest of the piece via the below link:

https://www.defensenews.com/congress/2019/11/23/congress-to-take-up-nord-stream-2-sanctions-on-defense-bill/