John E. Smith
National Security, CFIUS, Sanctions + Export Controls
In The News
Morrison & Foerster partner John E. Smith discusses the Nord Stream 2, the German-Russian pipeline project that has been a bone of contention between Berlin and Washington, which fears it will make Europe’s largest economy excessively reliant on Russian energy in the Wall Street Journal article entitled, “How a Russian Gas Pipeline Is Driving a Wedge Between the U.S. and Its Allies.”
Smith indicated that the pipeline faced a Congress wanting to confront what some perceived as Mr. Trump’s leniency on Russia and the president’s desire to show he was tough on Mr. Putin. Smith said, “Virtually everyone in the U.S. government believes that this deal strengthens Russia at a time when the EU should not be strengthening Russia. Election interference, Russian provocations, U.S. anger over the Trump Administrations’ Russia policy—and that could be a perfect storm that could hit Nord Stream 2.”
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