EU plans to sanction Chinese firms and individuals supporting Russia's war effort in Ukraine.

The European Union is planning to sanction several Chinese firms and individuals for supporting Russian companies involved in the Ukraine conflict, marking the first time the EU is targeting Chinese entities in this way. This move is part of a broader effort by the EU and the G7 to put pressure on China and other third countries for supporting Russia's war efforts. The sanctions include asset freezes and travel bans and aim to restrict the use of Russian oil tankers to limit Russia's ability to bypass existing sanctions.

November 25, 2024
28 Articles