The Pak Banker

German minister sceptical about Russia sanctions

- -REUTERS

BERLIN: German Economy Minister Peter Altmaier has questioned whether imposing sanctions on countries like Russia are effective, as a debate rages over whether to suspend the Nord Stream 2 pipeline from Russia to Germany over the poisoning of a Kremlin critic.

Speaking on an ARD talk show, Altmaier condemned the poisoning of Alexei Navalny as a "cowardly assassinat­ion attempt on a Russian citizen in Russia" and said the circumstan­ces must be cleared up. He did not rule out imposing sanctions at some point in the future, but added he believed keeping open communicat­ion lines can sometimes be more effective.

"We need to clarify what we are trying to achieve with our sanctions. Is it just a matter of looking in the mirror or is it something positive for human rights?" he said late on Monday evening. From his experience in politics, sanctions often lead to a "hardening of politics," Altmaier added.

"I don't know of any case where a country like Russia, or a similar country, has been moved by sanctions to change its behaviour in the past." German Chancellor Angela Merkel is under mounting pressure from members of her conservati­ve party to suspend the Nord Stream 2 pipeline, a huge project to double Russian gas exports to Germany that is more than 90% complete and due to start operating from early 2021.

On Monday, her spokesman said she did not rule out imposing sanctions. But the head of the German Eastern Business Associatio­n told Deutschlan­dfunk radio on Tuesday it would be almost impossible to halt the project from a legal perspectiv­e. "Legally, I think that is hardly possible. All permits have been granted, the contracts are watertight - not only in Germany, but also in five countries plus under European regulation­s," Michael Harms said.

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