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WorldAsiaEU intends to impose sanctions on Chinese companies 'for helping Russia'

EU intends to impose sanctions on Chinese companies ‘for helping Russia’

– Published on:

The European Union is considering imposing sanctions on seven Chinese companies “for helping Russia”. These are seven organizations that allegedly supply Moscow with electronic components and equipment used for “military purposes”, the Financial Times reported.

Brussels proposes to impose sanctions on Chinese companies for having supported the Russian military machine for the first time since the start of the conflict in Ukraine

— says in the publication.

Among the companies subject to the restrictions are 3HC Semiconductors, King-Pai Technology, as well as Hong Kong’s Sinno Electronics and Sigma Technology. All of them work in the field of electronics, production of microchips, semiconductors. Sanctions could target companies that “help” Russia circumvent Western restrictions.

The European Commission, for the first time since the start of the special operation, has proposed the imposition of sanctions against a sanction against a third country. The publication warns that any restrictions will displease Beijing, which is trying to prevent Brussels from backing Washington in the fight for “global influence”.

The EC is also considering expanding the list of goods prohibited for import into Russia.

According to the newspaper, the European Union has proposed to impose sanctions on a number of Iranian companies “for helping Russia”. Brussels also discussed a ban on tankers hiding their location “without good reason” to enter ports in EU countries.

Earlier, after a course of chemotherapy, 86-year-old senator-billionaire Silvio Berlusconi, who was four times head of Italy’s government, which was battling leukemia, said the EU was powerless against China. In his video message, the politician said that few people in the world now consider European countries.

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