After Waiving Sanctions Nine Months Ago, Biden Sanctions Russian-Owned Company Behind Nord Stream 2 Pipeline

After announcing new sanctions during a press conference on Tuesday, President Biden released a statement on Wednesday regarding additional sanctions on the Russian-owned company behind the controversial Nord Stream 2 pipeline.

This news comes around nine months after Biden waived sanctions against the company, run by Matthias Warning, a personal friend of Russian President Vladimir Putin and a former Stasi agent in East Germany.

“Since Russia began deploying troops to the Ukrainian border, the United States has worked closely with our Allies and partners to deliver a strong, unified response. As I said when I met with Chancellor Scholz earlier this month, Germany has been a leader in that effort, and we have closely coordinated our efforts to stop the Nord Stream 2 pipeline if Russia further invaded Ukraine,” Biden said in a statement.

“Yesterday, after further close consultations between our two governments, Germany announced that it would halt certification of the pipeline. Today, I have directed my administration to impose sanctions on Nord Stream 2 AG and its corporate officers. These steps are another piece of our initial tranche of sanctions in response to Russia’s actions in Ukraine. As I have made clear, we will not hesitate to take further steps if Russia continues to escalate,” the statement continued  – READ MORE