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About 90 companies to be included in new package of sanctions against Russia

by The Novum Times
20 May 2023
in Europe
Reading Time: 1 mins read
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BAKU, Azerbaijan, Might 20. The EU will embrace
greater than 90 firms from world wide within the eleventh bundle of
sanctions towards the Russian Federation as a part of the battle
towards bypassing restrictions already in place towards Russia,
European Fee President Ursula von der Leyen informed ZDF TV
firm, Development
stories.

“We’re critical about ending sanctions circumvention. Subsequently,
we are going to embrace greater than 90 firms within the eleventh bundle of
sanctions for which we now have clear proof: they provide on to
Russia from the EU, bypassing third international locations, items whose export
is prohibited,” she mentioned.

On the similar time, the pinnacle of the EC mentioned that the measures will
have an effect on eight firms primarily based in China.

The Monetary Occasions reported,that as a part of a brand new bundle of anti-Russian sanctions, for the
first time Brussels proposed imposing sanctions on seven Chinese language
firms in reference to the sale of products to Russia that may
be used to supply weapons. In response to the publication, the draft
sanctions lists embrace two mainland Chinese language firms – 3HC
Semiconductors and King-Pai Expertise, in addition to 5 Hong Kong
firms, together with Sinno Electronics, Sigma Expertise, Asia
Pacific Hyperlinks, Tordan Trade and Alpha Buying and selling Investments.

Along with Chinese language firms, it’s deliberate to impose
sanctions towards firms in Iran, Armenia, the UAE, and Syria
for a similar causes.



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Tags: companiesincludedpackageRussiaSanctions

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