The European Union is considering imposing sanctions against Chinese companies, said Financial Times. These firms, according to Brussels, supply Russia with components that can be used in the creation of weapons. If the restriction can be agreed upon with all 27 countries of the union, this will be the first case of their use against Chinese companies by the EU in anti-Russian sanctions.
The new 11th package of sanctions may include seven companies from China, two from the United Arab Emirates, and one from Armenia. Among them are 3HC Semiconductors and King-Pai Technology from mainland China and five firms from Hong Kong – Sinno Electronics, Sigma Technology, Asia Pacific Links, Tordan Industry and Alpha Trading Investments. All of them are engaged in the development of semiconductors, microchips and electronics. The European Commission has accused 3HC of trying to bypass export controls on the supply of US goods. Also, the black list can be expanded by Iranian firms.
Some of the companies listed in the document are already under US sanctions. As the FT notes, Brussels has so far avoided sanctions against China, as it has not seen evidence of arms transfers to Russia. The draft of the 11th package of sanctions notes the key supporting role of electronic components “for use by the military-industrial complex of Russia” in the conduct of hostilities in Ukraine. Brussels considers it expedient to blacklist organizations from third countries “participating in bypassing trade restrictions.”
The European Union in the 11th package of sanctions focused on closing the possibilities for circumventing anti-Russian sanctions. According to media reports, the EU also intends to expand the ban on the transit of many goods through Russia.
About the discussion about new sanctions – in the material “Kommersant FM” “Transit is laid in the 11th package.”
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2023-05-07 22:58:25