China adds 14 EU entities to export control list over Russia ties
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China added 14 EU-based entities to its export control list on Thursday, citing risks of their involvement in Russia-related sanctions violations. The move targets companies from Germany, France, and Italy among others, restricting dual-use goods exports.
The Export Control List
China's Ministry of Commerce added 14 EU entities to its export control list on July 24, citing potential risks of their use for sanctions violations related to Russia. The list includes companies from Germany, France, Italy, and other EU states, restricting the export of dual-use goods and technologies. This is the first time China has targeted EU entities in such a manner, according to Reuters.
EU Response
The European Commission expressed concern over the move, stating it would assess the impact on EU companies. The EU has previously criticized China for not doing enough to prevent the circumvention of Russia-related sanctions. The new restrictions could escalate trade tensions between Brussels and Beijing.
What's Next
The EU is expected to discuss the matter at the next trade policy committee meeting. It remains unclear whether China will expand the list to include more entities or if the EU will retaliate with countermeasures.
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China adds 14 EU entities to export control list over Russia ties
