The European Commission has proposed to EU member states to consider trade restrictions on companies from China, Hong Kong, the UAE, Uzbekistan, and Armenia which are thought to be helping Russia obtain technology for its military and industrial complex, Bloomberg reported on Monday, quoting draft proposals it had seen.
The Commission is targeting companies considered to be “directly supporting Russia’s military and industrial complex in its war of aggression against Ukraine,” according to a document Bloomberg has…EU Looks To Extend Trade Restrictions On Companies Aiding Russia
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