Fillon: Russia sanctions are pointless
French presidential candidate fears US will deal with Moscow at EU’s expense
BERLIN (Reuters) – European Union sanctions on Russia are pointless, the front-runner in France’s presidential election Francois Fillon said on Monday in Berlin, warning Russia and the United States under Donald Trump could forge links that exclude the EU.
Speaking after meeting German Chancellor Angela Merkel, who has taken a hard line in favor of sanctions against Russia over its support for a separatist rebellion in eastern Ukraine, Fillon said a gesture from Russia would be needed before sanctions could be lifted.
“I am convinced that the economic sanctions are totally ineffective,” Fillon told reporters after meeting Merkel. “We must find another way to talk.”
He said: “I do not want [US President Donald] Trump to talk with Russia at our expense. It would be damaging for Europe if Trump went above our heads, which is not inconceivable.”
Ukraine was also not doing what it needed to do to ensure peace, said Fillon.
Fillon told Le Monde daily that in the longer term he would aim for a new economic partnership with Russia and a Europe-Russia security conference, once the conflict in Ukraine was resolved.
Fillon met fellow conservative Merkel on a number of occasions when he was prime minister in 20072012.
Fillon said he and Merkel agreed on the need not to let the United States impose its extraterritorial laws that have cost European companies – especially banks – billions in fines and other settlements over violations of American sanctions against other countries.
“French and Germans are on the same page on the fact that we cannot let those rules - that are made for the United States, for the US banking system and that are totally negative tools for Europe - be imposed on us,” he said.
He also criticized work at the Basel committee on banking regulation, which he said was not good for Europe.
Fillon said he had promised to quickly carry out structural reforms if elected and said his plans were “perfectly compatible” with what Germany expected.