by Jamie Smyth in New York and Alice Hancock in Luxembourg at Financial Times
The US and Qatar have warned the EU its trade, investment and energy supplies will be harmed unless the bloc walks back tough new climate and human rights rules.
Washington and Doha said the EU’s Corporate Sustainability Due Diligence Directive poses an “existential threat” to the growth, competitiveness, and resilience of the European economy and will imperil its energy security.
The two countries said the rules — set for debate by EU legislators as early as Friday — would hurt their exports of liquefied natural gas, which became a lifeline for the bloc after Russia’s full-scale invasion of Ukraine in 2022.
“This comes at a critical moment when our countries and companies are striving not only to sustain but to significantly increase the reliable supply of LNG to the EU,” reads a joint letter to EU leaders signed by the US and Qatari energy ministers, seen by the Financial Times.
The letter suggested…
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