EU Set to Sanction Chinese Firms for Aiding Russia's War Efforts

In a significant policy shift, the European Union targets Chinese companies for the first time, aiming to close loopholes in sanctions against Russia.

• The EU proposes its 13th sanctions package, marking the first time Chinese companies are targeted for aiding Russia's military and technological capabilities.
• The draft sanctions include export bans on firms from mainland China, India, and Turkey, accused of supplying Russia with military technology.
• The move represents a significant escalation in the EU's efforts to curb Russia's war efforts in Ukraine, despite potential risks of retaliation against European businesses.
• EU member states must unanimously approve the sanctions package, with Hungary expressing reservations about expanding the blacklist.
• The sanctions aim to prevent the circumvention of existing measures and target companies involved in trading dual-use goods with Russia.

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