EU threatens Chinese companies for circumventing Russian sanctions

According to the report of the international group Tasnim news agency quoting “Handelsblatt”, Chinese companies are suspected by the European Union of supplying war-related goods to Russia. Shortly before the China meeting, the European Union is trying to use diplomacy to deal with this issue, and of course, it has put another tool on the agenda.

European Union complains Chinese companies are circumventing European sanctions against Russia – and thus increasing pressure on Beijing to act against it.

EU member states Europe is currently discussing the twelfth package of sanctions against Russia. They are also negotiating to put more Chinese companies on the EU blacklist. German newspaper “Handelsblatt” has published this news citing diplomatic circles of this union.

For European companies, this means that they will no longer be allowed to sell certain goods. deliver to the relevant companies in China. These include high-tech products and goods that can be used for both civilian and military purposes (dual use).

Three companies from Hong Kong from Summer on the EU list include Asia Pacific Links, Turdan Industry and Alpha Trading Investments. More China-based companies will now be added to the sanctions list if Beijing does not act against continued sanctions violations. According to the South China Morning Post, the European Union has targeted a total of 13 Chinese companies.

Chinese companies have been suspected by the European Union of supplying related goods for months. They were at war with Russia. Various media reported, including citing Chinese customs data, that Chinese defense companies provide navigation devices, jammers and parts of fighter jets to sanctioned Russian defense companies.

The EU has recently drawn up a list of security-related technologies, making it the basis for further measures against China – including investment controls.

Ursula Von In line, the head of the European Commission expressed harsh words about China in March and declared: The European Union should prevent the participation of capital and expertise of European companies in “improving the military and intelligence capabilities of those who are also competitors of the system.”

The EU Commission also recently announced that it will investigate China’s government subsidies for electric cars for unfair competition.

The latest EU sanctions package against Russia came into force in June. The 12th sanctions package will introduce new measures, especially in the field of diamond and aluminum imports. However, according to the latest information, even some EU countries are looking to weaken the plan to impose sanctions against Russia.

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