The administration of US President Joe Biden announced on Wednesday that it would waive sanctions on the Swiss-based Nord Stream 2 AG and its chief executive Matthias Warnig. Berlin, which repeatedly called out Washington's attempts to disrupt the pipeline’s construction, has welcomed the move.
"This is good. Nord Stream 2 meets the interests of Germany, [and] the project should be swiftly completed," Kretschmer tweeted.
— Michael Kretschmer (@MPKretschmer) May 20, 2021
The United States initiated sanctions against the project in 2019, prompting Swiss pipelay company Allseas to withdraw from the project. After a one-year hiatus, the construction was resumed in December 2020 by Russian pipe-laying vessel Fortuna, which was joined by another pipe layer Akademik Cherskiy in late April.