EU to sanction Chinese companies allegedly aiding Russia
The European Union for the first time is planning to impose restrictive measures against Chinese companies allegedly aiding Russia, the FT reported.
Seven Chinese companies accused of selling electronic components to Russia have been included in a new package of sanctions to be discussed by EU member states this week. Some of the companies have already been hit by US sanctions.
The sanctions list needs unanimous approval from the 27 member states before it can be enforced.
Brussels is further proposing sanctions on some Iranian companies involved in manufacturing and supplying drones to Russia.
Additionally, as part of the new sanctions package, the EU is seeking to restrict sales of certain goods to third countries helping Russia evade the restrictions.
The bloc also proposed widening the range of banned exports to Russia and banning oil tankers hiding their location without good cause from EU ports.
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