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Will the EU sanction Chinese companies for skirting Russian sanctions?
A newspaper shows Chinese President Xi Jinping and Russian President Vladimir Putin Shaking Hands
Ichiro Ohara / The Yomiuri Shimbun via Reuters Connect
Going after companies for evading Russian sanctions would make it harder for EU-made, dual-use products, such as drones or semiconductors, to find their way to Russia through third countries that still do business with Moscow like Turkey. It would also be an about-face for Brussels, which five years ago cried foul when the Trump administration slapped similar sanctions against EU firms trading with Tehran after Washington walked away from the Iran nuclear deal.
The sanctions would also open a can of worms with Beijing at a moment of increasingly fraught EU-China relations. But the package needs signoff from all 27 EU members, and we all know how cozy Emmanuel Macron has become with Xi Jinping lately …
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