NORD STREAM 2: RUSSIA’S TRICKS TO DODGE US SANCTIONS

On 24 March, Deutsche Welle reported that EU technology is being harnessed to help a Russian pipe-laying ship to complete the controversial Nord Stream 2 gas pipeline, and an investigation reveals just how Russia is bypassing US sanctions.  The investigation reveals how the latest precision tube processing technology from Italian company Nuova Patavium is being used onboard the ship.  The revelations are remarkable in light of the financial penalties facing anyone involved in the construction of Nord Stream 2 with contracts worth more than $1 million.  The article examines how the sanctions are evaded.

https://www.dw.com/en/nord-stream-2-russias-tricks-to-dodge-us-sanctions/a-56972537

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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