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EU imposes sanctions on three Chinese companies

The companies Juhang Aviation Technology, Redlepus TSK Vektor Industrial, Xiamen Limbach Aviation Engine were added to the sanctions list

BRUSSELS, December 16. /TASS/. The European Union has added three Chinese companies operating in the drone industry to its sanctions list, according to the EU Council resolution published in the Official Journal of the EU.

The companies Juhang Aviation Technology, Redlepus TSK Vektor Industrial, Xiamen Limbach Aviation Engine were added to the sanctions list for their alleged involvement in the production of drones used in the special military operation zone.

Inclusion of a company in the EU's main blacklist of legal entities entails the blocking of its assets in EU jurisdictions and a ban on any contact with it for European companies, especially any form of financing.

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