The European Union plans to introduce an export restriction mechanism for countries that help Russia circumvent sanctions only as a last resort. It has been reported Reuters By referring to a European diplomat.
According to the agency’s source, this mechanism will not be implemented immediately if appropriate aid is suspected, they plan to use diplomatic methods first and offer their assistance before the restriction is applied in the EU.
“For now, these will be empty containers that can be filled later when needed. The bottom line is to try to never use them, but to do diplomatic work first and offer technical assistance. We will only resort to this threat as a last resort,” he said.
Formerly British newspaper Financial Times WroteIt has been reported that seven Chinese companies producing microchips, semiconductors and other electronic products suspected of violating sanctions against Russia could be included in the EU’s 11th sanctions package. In addition, the EU plans to impose sanctions on companies from the UAE, Syria and Armenia.