Why is the EU considering trade restrictions on Indian, Chinese firms?
10 months, 1 week ago

Why is the EU considering trade restrictions on Indian, Chinese firms?

Live Mint  

The European Union has proposed sanctions on around two dozen companies, including one from India and three from China, for allegedly supporting Russia's war in Ukraine, Bloomberg reported. Besides this, the EU has recommended sanctions on over 110 individuals and entities, forming part of a broader package commemorating two years since Russia's invasion of Ukraine. If approved, this move would mark the EU's first instance of imposing sanctions on mainland Chinese companies since Russia's invasion of Ukraine. The proposed restrictions aim to prevent European firms from engaging in trade with the listed companies, aligning with the EU's strategy to curb Russia's access to sanctioned goods through third-country entities.

India China Ukraine Russia Sanctions List Chinese Firms Chinese Companies Firms Proposed Restrictions  listed  sanctions  chinese  companies  trade  proposed  restrictions  considering  russias  list  indian  firms  eu

History of this topic

EU informs India on firms breaking sanctions through dealings with Russian firms
1 week, 6 days ago

EU informs India on firms breaking sanctions through dealings with Russian firms

Hindustan Times  

New Delhi: The European Union has provided information to Indian authorities about Indian entities that are apparently violating EU sanctions through their dealings in technology components with Russian firms, people familiar with the matter said. The EU has worked with like-minded partners to draw up the list of “Common High Priority sanctioned goods” or “battlefield items” for which businesses should …

EU shares with India inputs on Indian entities making supplies to Russia in 'violation' of G7 sanctions
1 week, 6 days ago

EU shares with India inputs on Indian entities making supplies to Russia in 'violation' of G7 sanctions

Hindustan Times  

New Delhi, The European Union has provided India with inputs on the alleged involvement of certain Indian entities in supplying "high priority" goods with possible military application to Russia in violation of Western sanctions, people familiar with the development said. EU shares with India inputs on Indian entities making supplies to Russia in 'violation' of G7 sanctions EU Sanctions Envoy …

China opposes US sanctions on firms over alleged ties to Russia’s war efforts
3 months, 4 weeks ago

China opposes US sanctions on firms over alleged ties to Russia’s war efforts

Associated Press  

BEIJING — China on Sunday expressed its opposition to the latest U.S. sanctions on Chinese companies over their alleged ties to Russia’s war in Ukraine, saying it will adopt necessary measures to safeguard the rights and interests of the country’s businesses. “China urges the U.S. to immediately stop its wrong practices and will take necessary measures to resolutely safeguard the …

Why has the EU sanctioned Indian, Chinese companies for Russia links?
9 months, 3 weeks ago

Why has the EU sanctioned Indian, Chinese companies for Russia links?

Al Jazeera  

The latest sanctions, coinciding with the anniversary of the Ukraine war, touch New Delhi, Beijing for the first time. A day before the two-year anniversary of Russia’s invasion of Ukraine, the European Union released an exhaustive new list of companies, entities or people in countries including Russia, India, Iran, China and Syria, that it said it was sanctioning over allegations …

Government ‘examining’ Indian tech company in EU, U.S. sanctions list
9 months, 3 weeks ago

Government ‘examining’ Indian tech company in EU, U.S. sanctions list

The Hindu  

The government is examining details of an Indian tech company involved in semiconductor research, that was sanctioned by the European Union on Friday for its dealings with Russia. “CPPICS is forging critical partnerships, including a collaboration with M/s Si2 Microsystems in Bangalore, to deliver state-of-the-art System-in-Package solutions for silicon photonic processor cores,” the PIB statement dated October 20, 2023 read, …

EU targets Chinese firms, N. Korea in new Ukraine war sanctions
10 months ago

EU targets Chinese firms, N. Korea in new Ukraine war sanctions

The Hindu  

The EU on Wednesday agreed to ban exports to three mainland Chinese firms and blacklist North Korea's defence minister in new sanctions for the second anniversary of Russia's war on Ukraine, officials said. The fresh round of measures — the 13th since Russian President Vladimir Putin's February 2022 invasion — overall targets some two hundred officials and entities mainly from …

EU looking to sanction Indian and Chinese firms over Russia dealings: Report
10 months, 1 week ago

EU looking to sanction Indian and Chinese firms over Russia dealings: Report

Live Mint  

The European Union has put forward new trade restrictions targeting approximately two dozen companies, including one from India and three from China, accused of backing Russia's war in Ukraine, as per a Bloomberg report. If approved, this move would mark the first instance of the EU imposing sanctions on mainland Chinese companies since Russia's invasion of Ukraine. Crackdown on Third-Country …

Beijing criticizes new US sanctions on companies over pilot training, weapons development
1 year, 6 months ago

Beijing criticizes new US sanctions on companies over pilot training, weapons development

Associated Press  

TAIPEI, Taiwan — China on Tuesday criticized new sanctions imposed by the United States on companies believed to be involved in training Chinese military pilots and aiding weapons development. Foreign Ministry spokesperson Wang Wenbin urged Washington to “stop abusing export control measures” to hobble Chinese companies. “The United States has repeatedly overstretched the concept of national security, abused state power, …

List of sanctions against Russia after it invaded Ukraine
2 years, 9 months ago

List of sanctions against Russia after it invaded Ukraine

Al Jazeera  

US, EU, UK, Japan, Canada, Taiwan, and New Zealand unveil sanctions against Russia that target banks, military exports, and oil refineries. Last week Washington and its allies also barred some of Russia’s banks from the SWIFT international payments system, a list officials said was still being finalised with EU partners The White House released a statement saying measures will also …

Discover Related