Sanctions against the Russian Federation: there is a greater possibility of introducing them against Indian and Chinese companies

Sanctions against the Russian Federation: there is a greater possibility of introducing them against Indian and Chinese companies


The EU intends to introduce sanctions for the assistance of the Russian Federation. Photo: Ukrainian truth

The EU wants to introduce sanctions against three Chinese companies and one Indian business.

Brussels is intensifying its efforts to avoid any circumvention of its restrictions, especially the supply of electronic components that can be repurposed for use in weapons systems (including in the production of drones), writes the FT.

READ ALSO: The USA introduced new sanctions against Russia: what will be affected

When the European Commission proposed targeting companies from mainland China last year, it backed down under pressure from a number of EU governments. EU representatives then said that Beijing had given assurances that it does not support Russian military operations.

“It is appropriate to also include in this list some other organizations in third countries that indirectly support the Russian military-industrial complex… by trading in such components,” the document says.

The sanctions package is expected to be approved on the eve of the second anniversary of Russia’s full-scale invasion of Ukraine on February 24, and will be the 13th to be adopted by the EU. The list of companies subject to sanctions will reach 643 if it is approved. Among the new names are companies from Sri Lanka, Turkey, Thailand, Serbia and Kazakhstan.

The 13th package of sanctions, previously acquired the informal status of “the weakest” of all.

--------------------

This news article has been translated from the original language to English by WorldsNewsNow.com.

You can visit the original source at the link below.



Original Source Link