BERLIN: Europe must be prepared to respond in kind if the United States’ proposed new sanctions against Russia end up hurting its companies, an influential German industry association said on Thursday.
The German Committee on East European Economic Relations also said the measures passed last week by the US House of Representatives seemed designed to boost America’s own energy exports to Europe.
The European Union fears new US restrictions could be an obstacle to its companies doing business with Russia and threaten the bloc’s energy supply lines but the 28-country bloc is divided over how to respond.
Germany’s economy minister meanwhile said Washington …read more
Source: The Himalayan Times