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Parliamentary question - P-005069/2021(ASW)Parliamentary question

Answer given by High Representative/Vice-President Borrell on behalf of the European Commission

The Commission is currently in dialogue with the main natural gas producing countries to facilitate natural gas trade and enhance liquidity and flexibility of the international gas market in order to ensure sufficient and competitive natural gas supplies to the EU to the benefit of EU citizens.

The United States (US) Administration has recently decided to waive certain designations that could have affected EU operators involved in the Nord Stream 2 (NS2) project. The EU does not comment publicly on legislation when it is at the stage of parliamentary consideration.

The EU opposes the imposition of sanctions against EU companies conducting legitimate business. In line with the Commission’s work programmes for 2021 and 2022, the Commission is preparing the ground for the adoption of a strengthened mechanism that will improve Europe’s resilience to the effects of the extraterritorial application of sanctions imposed by third countries.

The EU regularly discusses issues related to sanctions with the US. The objective of these discussions is to address relevant concerns for both parties and ensure alignment of EU and US sanctions policy decisions.

Last updated: 7 February 2022
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