War in Ukraine could lead to more EU-US cooperation, says EU’s Šefčovič – POLITICO

The crisis in Ukraine could herald a new era for closer EU-US cooperation on energy, raw materials and strategic foresight, said European Commission Vice-President Maroš Šefčovič.

In an interview at Tuesday’s POLITICO 28 – Class of 2022 Dinner, Šefčovič said Russia’s invasion of Ukraine has revived transatlantic ties, with EU-US cooperation on sanctions “notable”. It also “underlined” the importance of Brussels-Washington cooperation in the EU. Council for Trade and Technologyhe said.

Šefčovič cited increased EU imports of liquefied natural gas from the US and a partnership to ensure both sides have access to the raw materials their industries need as areas to which cooperation with the US could be expanded.

“I think we have to learn how … we don’t have the same dependencies that we had with the fossil fuels, with the critical raw materials,” he said.

Ahead of a series of high-level talks with NATO, G7 and European Council summits taking place in Brussels this week, Šefčovič also said EU leaders will examine “all options” to help Ukraine further , and measures to deal with the “enormous” problem will be discussed. Rise in energy prices as a result of the war, including the use of government aid to lower prices, further diversification of energy sources, and joint energy purchasing.

He expressed hope that the Ukraine crisis could also give new impetus to the EU’s post-Brexit relationship with Britain, one of the policy areas in his portfolio, but said it was time for the UK to meet all international commitments who signed it Brexit deals. “It’s really high time to go ahead with Brexit,” he said.

EU leaders did not invite British Prime Minister Boris Johnson to this week’s European Council summit because they wanted to discuss the situation in Ukraine among themselves and with US President Joe Biden, Šefčovič added.

Asked whether Johnson’s comments comparing Ukraine’s fight against the Russian invasion to Brexit had contributed to the decision, Šefčovič said the comments sparked “quite an internal debate in the UK”.

However, he stressed that it was important for him to remain focused on resolving differences between Brussels and London over implementing the Northern Ireland Protocol and protecting peace in the region, adding that the US had a ” had very clear expectation” .

https://www.politico.eu/article/eu-top-official-maros-sefcovic-eu-us-cooperation/?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication War in Ukraine could lead to more EU-US cooperation, says EU's Šefčovič - POLITICO

Fry Electronics Team

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