"EU Considers Sanctions on Chinese and Indian Companies for Russia Ties"

1 min read
Source: Business Insider
"EU Considers Sanctions on Chinese and Indian Companies for Russia Ties"
Photo: Business Insider
TL;DR Summary

The European Union is reportedly considering sanctions against three Chinese companies and businesses from other countries, including India, for their alleged support of Russia in its war in Ukraine. This would mark the first time the EU has targeted Chinese and Indian firms since the invasion of Ukraine. The EU aims to prohibit companies from doing business with these entities, citing concerns that they may be aiding the Kremlin. The move comes amid efforts by Western countries to isolate Russia through sanctions, while also urging China and India not to support Russia's military efforts.

Share this article

Reading Insights

Total Reads

0

Unique Readers

11

Time Saved

1 min

vs 2 min read

Condensed

73%

34394 words

Want the full story? Read the original article

Read on Business Insider