Russia signals concern on American business practices

Aug 18, 1999 02:00 AM

Moscow is concerned that a number of official representatives of the USA are persistently and increasingly actively attempting to use political and other levers of pressure to discredit and prevent implementation of the Russian-Turkish Blue Flow gas pipeline project.
A Russian Foreign Ministry statement stresses that US representatives have, on many occasions, declared their consistent support for regional co-operation in expanding the oil and gas transportation infrastructure in the Caspian and Black Sea regions with the participation of all interested states and their companies and for the strengthening of close collaboration with Russia in this field. But it is being alleged that supplies of Russian fuels to various countries of the region could undermine their political and economic independence, the statement complains.
"We hope that our partners will refrain from using such underhand methods in competition, which run counter to the generally accepted principles of free trade, the ethics of conducting business ties and the nature of Russian-American relations," the statement said.

Source: BBC via Iinoil
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