EU to impose sanctions on 25 Chinese companies.
The European Union is preparing new sanctions against companies that help Russia circumvent existing restrictions. According to the South China Morning Post, the 16th package of EU sanctions lists 25 Chinese enterprises accused of supplying goods to the Russian military.
If this package is adopted, companies from China and Hong Kong will be banned from receiving goods from the EU.
Companies not yet specified are accused of selling European goods to Russian buyers with connections to the armed forces, the publication reports.
One Chinese enterprise is already set to be sanctioned, facing a ban on entering the EU and asset freezing.
Sources report that Beijing is the main violator regarding the circumvention of sanctions and continues to actively develop trade in dual-use goods despite European protests.
It is also worth mentioning that Denmark will strengthen control over Russian tankers of the shadow fleet.
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