US DECLINES TO IMPOSE SANCTIONS ON NORD STREAM PIPELINE

On 19 May, the Wall Street Journal reported that the State Department had named Nord Stream 2 AG, the Swiss-registered Russian company behind the project, as well as its CEO, Matthias Warnig, as having knowingly engaged in sanctionable activity but waived the application of these sanctions on national-security grounds.

https://www.wsj.com/articles/biden-administration-declines-to-impose-sanctions-on-nord-stream-2-pipeline-11621453630

https://www.reuters.com/business/energy/us-waive-sanctions-firm-ceo-behind-russias-nord-stream-2-pipeline-source-2021-05-19/

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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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