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We'll help with Russia sanctions fall-out, German minister says

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Staff Writer | Friday January 11, 2019 2:11PM ET
Heiko Maas
Europe   Minister Heiko Maas

Germany will try to protect German and European companies from some potentially “massive collateral damage” if Washington levies further sanctions against Russia, Foreign Minister Heiko Maas said.

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Maas, speaking on Friday at a new year reception of the German Committee on East European Economic Relations, an industry group, said he expected the newly elected U.S. congress to move swiftly to bring new sanctions against Moscow.

“Our aim is to reach agreement (with the U.S. on sanctions) and protect German and European companies from the in some cases massive collateral damage,” he said.

He did not give further details but his remarks are likely to cheer German exporters hard hit by European Union and U.S. sanctions imposed after Moscow invaded and annexed parts of Ukraine in 2014.

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