The European Union is demanding that China take measures that could damage Beijing’s relations with Russia.
On Thursday, December 7, the head of the European Council, Charles Michel, called on Chinese leader Xi Jinping to immediately deal with the ‘list of companies’ involved in the supply of dual-use goods to Russia. will soon discuss whether sanctions should be introduced against these economic entities.On the issue reports “Politico”.
Fight against the circumvention of sanctions
The European Union is trying to intensify the fight against the supply of dual-use goods to Russia. For this purpose, it monitors the activities of 13 Chinese entities that sell these types of goods. As Michel noted, in the absence of appropriate guarantees from Beijing, leaders of EU member states could put these companies on sanctions lists.
– We have drawn up a list of companies believed to be playing a role in circumventing our sanctions. We sincerely hope that China will take appropriate measures [aby temu zapobiegać – przyp. red.] – Michel told reporters after the talks in Beijing.
European Commission President Ursula von der Leyen, responsible for developing the next package of sanctions against Russia, called on the Chinese leader to “prevent any attempt by Russia to undermine the impact of the sanctions.”
What will China do?
According to journalists, China’s state news agency Xinhua did not report how Xi Jinping responded to the warnings. The Chinese leader limited himself to saying only that the two sides should “strengthen mutual understanding and properly resolve differences through constructive dialogue.”
The EU-China summit is the first event of this type in four years. According to Xi Jinping, Beijing is “willing to recognize the EU as an important partner in economic and trade cooperation, a priority partner in technological cooperation and a reliable partner in industrial and manufacturing marketing chains.”
Source: Do Rzeczy
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.