US State Dept Says It Will Continue to Impose Sanctions on Nord Stream 2

LOCAL NEWS

• US State Department says it will continue to impose sanctions against Nord Stream 2 to sanction entities involved in construction or the pipeline itself.
  • Ned Price reiterated that NS2 is a political project and is a "bad deal" for Europe – reiterating that the US was watching for sanctionable activity.
  • Lavrov labelled sanctions threats as a blatant example of politically motivated unilateral Western actions
• The State Duma plans to consider in the third reading the draft federal budget for 2022-2024 today, one day ahead of schedule.
  • The draft budgets of the Pension Fund of the Russian Federation, FSS and MHIF will also be considered on November 24
• Accounts Chamber says the pace of the economic recovery has slowed in Russia with FY21 growth expected at 4.2% down from 4.6% in the first 9 months of the year
• One of the largest buyers of Russian food - China - this year may reduce imports by 10%, to $ 3.6 billion due to restrictions on the import of fish and seafood, which has already led to an increase in the corresponding supplies to South Korea