EU Prepares New Sanctions on Chinese Companies Over Ukraine War Aid; China Warns of Retaliation

Kathmandu. China has issued a stern warning to the European Union (EU), which is preparing new sanctions targeting Chinese companies for allegedly aiding Russia in the Ukraine war. Beijing has stated that it will take necessary steps to protect national interests and rights if its companies are sanctioned.

Since Russia invaded Ukraine in 2022, the EU has been implementing various stages of sanctions against Moscow. The new sanctions package currently being proposed aims to further restrict the business activities of third-country companies accused of supporting the Russian military structure.

According to EU officials, the proposed list includes 14 companies from mainland China and Hong Kong. These companies are reportedly being prepared to be restricted from purchasing European goods and technology. For such sanctions to be implemented, the unanimous support of all 27 EU member states will be required.

Chinese Foreign Ministry spokesperson Lin Jian stated at a regular press conference on Wednesday that China has always opposed unilateral sanctions imposed without the basis of international law. He also mentioned that serious concerns and objections have been repeatedly expressed to the European side on this matter.

"China is closely monitoring the developments and will take necessary measures to resolutely defend its legitimate rights and interests," Lin warned.

The use of drone technology has become decisive in the Ukraine war. Due to the strong presence of Chinese companies in the global civilian drone market, Western countries are concerned that some of their products may also be used for military purposes. However, Beijing has maintained that it has not sent lethal military aid to any warring party and has maintained a neutral role in the Ukraine war.

The EU, on the other hand, has stated that further pressure is needed to weaken Russia's war capability. The EU's High Representative for Foreign Affairs and Security Policy, Kaja Kallas, stated on social media on Tuesday that the new sanctions package is the most extensive listing in more than the past two years.

According to her, the new measures are particularly focused on the financial sector, the energy industry, and structures related to drone production. "Brick by brick, we are weakening the foundation of Russia's war economy," Kallas stated.

As the Ukraine war enters its fifth year, Western efforts to increase pressure on Russia and China's resistance against it signal further tension in Beijing-Brussels relations.