International Round-up: Former Danish PM supports US sanctions against Danish companies – The Post

International Round-up: Former Danish PM supports US sanctions against Danish companies

The ex-NATO Secretary General is still concerned about Russian expansionism (photo: Magnus Fröderberg)
June 12th, 2019 3:19 pm| by Ruchi Pujari

Anders Fogh Rasmussen, the former Danish prime minister, has come out in support of US economic sanctions that if implemented, would hit Europe hard. The sanctions could kick in if the controversial Nord Stream 2 gas pipeline that runs between Russia and Germany is not stopped, reports Politiken.

Opponents of the project – including the United States, Ukraine, and Poland – perceive it as part of a long-term Russian strategy to make Europe dependent on Russian gas and simultaneously destroy Ukraine’s revenues from the transmission of Russian gas through the country.

Admitting he supported sanctions as a last resort, Rasmussen said “I understand American criticism of the fact that they pay vast sums to defend Europe at the same time that we become more dependent on Russia”.

Danish companies under fire
“Danish companies are in the firing line if the US implements sanctions on companies which either finance or participate in the actual construction of the new Nord Stream 2 gas pipeline from Russia to Germany,” Rasmussen added.

Nord Stream 2 is owned by the Russian state gas company Gazprom and financed by five major European energy companies, of which Shell is in the major one. Danish companies such as consultancy firm Ramboll and freight forwarding company Blue Water Shipping are suppliers, so also run the risk of being hit.


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