The European Union Monday enforced sanctions on 19 Chinese business intended at penalizing what the West thinks is Beijing’s assistance for Russia’s war in Ukraine.
A list released in the EU’s Official Journal consistsof numerous business situated in Hong Kong as well as 2 worldwide satellite giants.
The 14th bundle of sanctions versus Russia included 61 brand-new business to the list of entities implicated of straight “supporting Russia’s military-industrial complicated” in the war in Ukraine, taking the overall to 675 companies.
These business are now topic to extreme limitations over sales of “dual-use products and innovation” that might be utilized for the “enhancement of Russia’s defence and security sector”.
China rejects Western allegations that it is supporting Russia’s military project.
Among the recently included business are 2 significant gamers in the Chinese satellite market included in the sale of satellites and satellite images to Russia’s Wagner mercenary group.
In October, an AFP examination exposed that Wagner in 2022 signed a agreement worth more than $30 million with Chinese company Beijing Yunze Technology Co Ltd to acquire 2 satellites and usage their images.
The agreement was signed in November 2022, over half a year into Moscow’s intrusion o