EU President Von Der Leyen: "Arctic At Center of European Security and Independence" European Commission President von der Leyen squarely moved the Arctic to the heart of European security during a speech in Stockholm. “As the ice retreats, the Arctic is moving ever closer to the centre of global geopolitics,” she said. Von der Leyen called for greater investments in the region and announced work on a revised EU Arctic policy.
Trump Imposes 25 Percent Tariffs on Steel and Aluminum US President Donald Trump is imposing 25 percent tariffs on all steel and aluminum imports. The European Commission said it would react to protect European businesses from unjustified measures.
EU Bans Resale of Russian LNG, Impacts Remain to be Seen After much debate and wrangling the EU and its member states are set to sanction the transshipment of Russian liquefied natural gas in EU ports. It will take months for the impact of the ban, which is suggested to come into effect in March 2025, to become apparent. In anticipation of sanctions Novatek has begun assembling a growing fleet of LNG carriers.
EU Parliament Approves Rules for National Bans of Russian LNG, Fails to Address Transshipments EU institutions took another step to phasing out the import of Russian liquefied natural gas. Arctic LNG from Novatek’s Yamal LNG project continues to flow unimpeded to Europe. Now the EU Parliament has put in place rules allowing member states to restrict imports. But to what degree countries will make use of the new rules remains uncertain.
EU Parliament Approves Rules for National Bans of Russian LNG, Fails to Address Transshipments EU institutions took another step to phasing out the import of Russian liquefied natural gas. Arctic LNG from Novatek’s Yamal LNG project continues to flow unimpeded to Europe. Now the EU Parliament has put in place rules allowing member states to restrict imports. But to what degree countries will make use of the new rules remains uncertain.
European Union Adopts Ban on Fishing in the Arctic The European Union has ratified an agreement to prevent unregulated fishing in the high seas of Arctic and joins nine countries in an effort to protect the Central Arctic Ocean.
The EU’s Arctic Policy: Eventually Getting Somewhere? "2015 could become a seminal year for the EU’s Arctic engagement", The Arctic Institute's Andreas Østhagen and Andreas Raspotnik writes in this op-ed.