NATO tumultuous Summit

Arriving to NATO Summit in Brussels President Trump bitterly criticised European allies for not meeting the two percent spending for defence needs, they signed for as Alliance members. (The VIDEO of President Donald Trump address at breakfast with Secretary General of NATO Jens Stoltenberg below).

“I think it is unfair,” Trump said, making clear that unlike his predecessors, he is not only going to talk about it, but resolve the issue. “We can’t put up with it,” he added pointing that the US should not have to pay the biggest share of NATO defence expenditure while Germany – the biggest European economy –  contributes just over 1% of GDP. Germany’s plan to increase its defence expenditure to the NATO target of 2% of GDP by 2030. was not satisfactory Trump said, adding: “They could do it tomorrow.”

However the criticism of the allies did not stop with the budget issue, and President Trump went on, extensively criticizing Germany for trade with Russia, namely for construction of the North Stream 2 pipeline in Baltic sea.

Apparently the international project of direct delivery of cheap Russian gas to Germany via Baltic sea bed would substantially impact the US attempts to sell their expensive liquid gas (LNG) to Europe, the experts say. It will also strip Ukraine from Russian transit gas payments from exploiting  the pipeline system they have inherited, a from the USSR.

“I think it is very sad when Germany makes a massive oil and gas deal with Russia,” Trump regretted. “We are supposed to be guarding against Russia, and Germany goes out and pays billions and billions dollars a year to Russia”.

“We are protecting Germany, we are protecting France, we are protecting all of these countries and then numerous of the countries go out and make a pipeline deal with Russia where they are paying billions of dollars into the coffers of Russia. I think that is very inappropriate.”

“It should never have been allowed to happen. Germany is totally controlled by Russia because they will be getting 60-70% of their energy from Russia and a new pipeline.”

“You tell me if that’s appropriate because I think it’s not. On top of that Germany is just paying just a little bit over one percent whereas the United States is paying 4.2% of a much larger GDP. So I think that’s inappropriate also.”

The Secretary General of NATO Jens Stoltenberg attempted to reason President Trump, making his point that “even during the Cold war, NATO allies were trading with Russia.”

However the attempt to call to reason did not impact the fiery rhetoric of President Trump targeting Germany, and defining it as a “captive of Russia“.

Previously the attempts to promote the US liquid gas sales to Europe were undertaken by President Obama, but were declined by the European Union for economic reasons.

Russian company Gazprom underlines that the construction of new pipeline, similar to the one in operation (North Stream) will establish a direct link between Gazprom and the European consumers. “It will also ensure a highly reliable supply of Russian gas to Europe”, the latter is a significant factor for the European economies, which have already been ‘hostages’ to Ukraine-Russia trade arguments, left without gas supplies.

 

 

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s