SUBSCRIBERS

EU sounds alarm, urges US to coordinate on Russia sanctions

It warns that measures discussed in Congress could have "wide and indiscriminateunintended consequences"

Published Sun, Jul 23, 2017 · 09:50 PM
Share this article.

Brussels

THE European Union (EU) has warned about moves in the US Congress to step up US sanctions on Russia, urging Washington to keep coordinating with its G-7 partners and warning of unintended consequences.

In a statement by a spokesman after Republicans and Democrats in the US Congress reached a deal that could see new legislation pass, the European Commission warned of possibly "wide and indiscriminateunintended consequences", notably on the EU's efforts to diversify energy sources away from Russia.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here