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VisitHow will Chinese firms react to EU sanctions by June 30, 2025?
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Statements from Chinese firms or business news reports
EU Proposes Visa Bans and Asset Freezes on Chinese Firms Aiding Russian War Effort with Attack Drones
Nov 25, 2024, 09:29 PM
The European Union has proposed sanctions targeting Chinese companies and individuals for their involvement with Russian firms linked to the ongoing war in Ukraine. This marks the first time the EU has considered such measures against Chinese entities. The proposed sanctions include visa bans and asset freezes for those accused of aiding the Russian invasion, particularly in the development of attack drones used against Ukraine. The EU's actions reflect growing concerns over foreign support for Russia's military efforts in the conflict.
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