EU Weighs Sanctions on Firms Shipping Weapons Tech to Russia
- Companies mainly Russia-based, but also Turkey, UAE, Hong Kong
- Goods include components for weapons navigation systems
Destroyed homes in Ocheretyne, Donetsk region, on April 15.
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The European Union is assessing potential sanctions against more than a dozen companies that have continued to buy restricted goods from the bloc and supply them to Russia, according to a document seen by Bloomberg.
The companies, based in Russia as well as Turkey, the United Arab Emirates, China and Hong Kong, have imported millions of euros worth of restricted European goods that have been used by the Russian military, despite the EU’s extensive trade restrictions, an assessment seen by Bloomberg suggests.