Business news from Ukraine

UKRAINIAN WORLD CONGRESS CALLS FOR MORATORIUM ON NORD STREAM 2

31 May , 2021  

The Ukrainian World Congress (UWC) calls on the Federal Government and the German Democratic Parties to immediately impose a moratorium on Nord Stream 2.
“The Russian natural gas pipeline, intended to bypass eastern Europe and directly connect in Germany, is scheduled to be completed this summer. It has faced significant European and international condemnation for being a political weapon of the Kremlin intended to use energy supply to control Ukraine and other Eastern European countries,” the UWC’s press service reported.
According to the UWC, a moratorium should be used to: clarify the strategic implications of Nord Stream 2 – particularly with respect to the security of Ukraine and of the EU’s eastern member states; undertake a detailed life cycle assessment of the project and have its climate impacts examined by an independent body; push forward with a common European energy policy; resolve the transatlantic differences relating to Nord Stream 2; and discuss principal issues of controversy between the EU and the Kremlin and reassess Nord Stream 2 in that light of this discussion.
The UWC is emphasizing that Nord Stream 2: undermines European cohesion and transatlantic relations; conflicts with the new European and German climate goals; threatens the already precarious security of Ukraine; and runs counter to the aim of a common EU external energy policy.
“A moratorium for Nord Stream 2 represents a chance to arrive at a common European position. It would deliver a clear message to Russia’s leadership that there are consequences for continuing violations of international law and for undermining the rules-based European order,” UWC President Paul Grod said.
“UWC calls on all Ukrainian and Eastern European communities together with all friends of Ukraine to join the appeal and urge their respective governments to support the moratorium on Nord Stream 2,” the Congress said.

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