Bloomberg learned about the risk of sanctions for a dozen companies for supplies to Russia

The European Union is considering the possibility of introducing sanctions against more than 10 companies that, according to European authorities, supply to Russia, bypassing sanctions, goods from the EU, the use of which can be used for military purposes. Bloomberg reported this with reference to the document, without specifying its origin. We are talking about companies registered in Russia, Turkey, the UAE, China and Hong Kong. According to the text of the document, some of them have connections with Russian and Belarusian individuals and legal entities.

According to the agency, these companies supplied millions of euros worth of sanctioned goods to Russia. According to the text of the document, among them are technologies related to navigation systems for missiles, European-made antennas, as well as components used in military computer equipment. Most of the equipment was produced either in the EU or in the USA, Bloomberg clarifies. According to him, some of the companies currently being assessed were previously included in the US sanctions list.

In addition, the EU could impose sanctions on a small number of Chinese and Hong Kong companies that allegedly provided Russia with satellite imagery and other technology. The bloc’s leadership is now considering this possibility, writes Bloomberg.

EU countries will begin discussing a new package of sanctions this week, the agency clarified. At the same time, the decision to introduce restrictions against companies that are currently being assessed is not final, Bloomberg emphasizes.

A European Commission spokesman declined to comment.

On April 9, Executive Deputy Head of the European Commission Valdis Dombrovskis said that the 14th package of EU restrictive measures against Russia “should be adopted in the spring.” He suggested that it would include restrictions tightening measures to combat sanctions evasion in the maritime sector, as “Russia continues to try to violate the price ceiling on its oil exports.”

The EU approved the 13th package of sanctions on February 23. It included 106 individuals and 88 legal entities. In addition, the EU announced restrictive measures against 27 organizations that, according to the union, “directly support the Russian military-industrial complex.” These include companies from India, Sri Lanka, China, Serbia, Kazakhstan, Thailand and Turkey. According to the EU, they are involved in circumventing trade restrictions. They will be subject to stricter restrictions on the export of dual-use goods and technologies, as well as goods and technologies that can contribute to the technological strengthening of the Russian defense and security sector, according to the European Council.