EU Considers Secondary Sanctions on China
(MENAFN) The European Union is evaluating the possibility of imposing secondary sanctions on China due to its ongoing acquisitions of Russian oil and gas, a newspaper reported on Monday, citing unidentified sources.
The British publication noted that EU officials initiated discussions on the issue on Sunday.
One source indicated that the deliberations remain at a “very early stage.”
Before enacting any punitive steps against Beijing, Brussels reportedly seeks to obtain the “full backing of the US and co-ordination with Washington,” according to the newspaper.
To facilitate this, EU representatives traveled to the United States on Monday, while US Energy Secretary Chris Wright is scheduled to visit Brussels later in the week, the newspaper wrote.
Since the intensification of the Ukraine conflict in February 2022, China has become the largest importer of Russian oil.
Earlier this year, the EU imposed sanctions on several Chinese firms over their alleged support for industries aiding Russia’s military. Beijing criticized the decision as “unreasonable” and accused the bloc of “double standards.”
It stressed that China strictly monitors dual-use goods and maintained that it has not provided any lethal weapons to parties engaged in the Ukraine conflict.
On Sunday, US Treasury Secretary Scott Bessent indicated that the US and EU might implement additional sanctions on countries purchasing Russian oil.
The British publication noted that EU officials initiated discussions on the issue on Sunday.
One source indicated that the deliberations remain at a “very early stage.”
Before enacting any punitive steps against Beijing, Brussels reportedly seeks to obtain the “full backing of the US and co-ordination with Washington,” according to the newspaper.
To facilitate this, EU representatives traveled to the United States on Monday, while US Energy Secretary Chris Wright is scheduled to visit Brussels later in the week, the newspaper wrote.
Since the intensification of the Ukraine conflict in February 2022, China has become the largest importer of Russian oil.
Earlier this year, the EU imposed sanctions on several Chinese firms over their alleged support for industries aiding Russia’s military. Beijing criticized the decision as “unreasonable” and accused the bloc of “double standards.”
It stressed that China strictly monitors dual-use goods and maintained that it has not provided any lethal weapons to parties engaged in the Ukraine conflict.
On Sunday, US Treasury Secretary Scott Bessent indicated that the US and EU might implement additional sanctions on countries purchasing Russian oil.
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