Core Viewpoint - The Chinese Ministry of Commerce has announced countermeasures against two EU financial institutions in response to sanctions imposed by the EU on Chinese financial entities, effective from August 13, 2025 [2][6]. Group 1: Background and Context - On July 18, 2025, the EU included two Chinese financial institutions in its sanctions list during the 18th round of sanctions against Russia, which China views as a serious violation of international law and detrimental to the legitimate rights of Chinese enterprises [5]. - The countermeasures are based on the "Anti-Foreign Sanctions Law of the People's Republic of China" and were approved by the national coordination mechanism for countering foreign sanctions [6]. Group 2: Specific Measures - The two EU banks, UAB Urbo Bankas and AB Mano Bankas, have been added to China's countermeasure list, prohibiting organizations and individuals within China from engaging in transactions or cooperation with these banks [6][9]. - The Ministry of Commerce expressed hope that the EU would correct its erroneous actions and recognize the long-standing cooperative relationship between China and the EU in trade and finance [9].
突发! 中方决定采取反制措施
中国基金报·2025-08-13 06:47