The United States and Germany on July 21 announced a deal to allow the completion of a controversial Russian gas pipeline to Europe without the imposition of further U.S. sanctions. The agreement aims to stanch fears about European dependence on Russian energy, but it was immediately assailed by critics who said it doesn't go far enough.
The US and Germany will stand together against Russian aggression, President Joe Biden said as he welcomed outgoing Chancellor Angela Merkel to Washington.
Mr Biden said he had voiced concern to Mrs Merkel over a Russia-to-Germany gas pipeline, but they agreed Moscow cannot be allowed to use energy as a weapon.
The global economy may see the highest growth rates in decades following a decline caused by the coronavirus pandemic, while Russia's economy is already approaching pre-crisis levels, Russian President Vladimir Putin said, addressing the plenary session of the St. Petersburg International Economic Forum (SPIEF) on Friday.
US sanctions against the Nord Stream 2 gas pipeline are blatant protectionism aimed at advancing its liquefied natural gas on the European market, but the EU countries understand this and support the project, and thanks to this it will be completed, Russian Deputy Prime Minister Alexander Novak told RBC TV.