Posted 2/15/2024, 2:03:34 AM
EU Proposes Trade Sanctions on Chinese, Other Firms for Aiding Russia's War Effort
- EU proposes new trade restrictions on about two dozen firms, including 3 from China, accused of supporting Russia's war in Ukraine
- First time EU has targeted Chinese mainland companies for sanctions over Ukraine war
- Companies accused of contributing to Russia's military and defense sector
- EU previously proposed sanctioning Chinese firms but dropped idea due to resistance from some states
- New proposal includes companies from China, Hong Kong, India, Serbia, Kazakhstan, Thailand, Turkey