EU urges China to lift the ‘inappropriate’ sanctions on the banks of Lithuania
Vilnius, Lithuania (AP) – The European Union on Thursday is called China to return that two Lithuanian banks, they oppose their own.
Beijing declared steps on this week that faces urbo bank and Mano Bank for the EU penalties in two Chinese lender.
Lithuania’s banks do not work in China, giving Jeijing’s movement a symbolic character. Nevertheless, the Tit-For-Tat measures encouraging tension between EU and China with the support of the Russian support of Russia in the War in Ukraine.
In this regard, China aimed at banks from the EU member and political obligations have been severely disabled due to Lithuania and Taiwan relationships.
In the EU speaker in Brussels, a Commissioner of European Commission Olof Gill protected Bloc sanctions on Chinese banks.
China “must respect the problems we have identified,” Gill said. “Our request is our greatest art of our efforts to reduce the efficiency of the Russian military equipment.”
He said the commission does not believe that Chinese Courtmeasure “can forgive or have evidence based on, and therefore we call China to remove them even now.”
The latest Package of Russia’s recent Russia, was accepted on July and August 9, included a bank Heihe Bank and Heoongjiang suifenhi Rural Bangeni. Bloc suspicious provides for Crypto-helping CRYPTO-helping services to Moscow and bring restrictions.
When describing Lithuania banks, the Chinese service ordered the EU to show the Chinese firms that had a huge impact on economic and commercial relations and financial relationships and financial collaboration. “
Banks and Government in Lithuania said that the sanction was expected but it could have had a small active effect.
“According to the first inspection, this decision will not affect the country’s financial system or banking activities itself, since the business models focuses on the local market,” said Lithuania Bank on Wednesday in a statement.
Marius Arlauskas, head of Urbo Bank Management, said: “Since we do not have business cooperation with Chinese and Chinese businesses, organizations will have an impact on the activities of Urba Bank and the performance of intellectual regulations.”
Baltic nation draw China years.
Beijing was fired by Bulithuania ambassador in 2021 to respond to Lithuania who allows the Taiwan to open an office to Vilnius, the capital of Lithuania. China refers to Taiwan as a province of the Breakwah-breakway and prohibit other countries to legalize and Taipei.
Taiwan has long searched the intimate association with the Baltic States, expressing their previous experience under an accredited rulership and acceptance of multiparty democracy and free prices.
By 2024 Lithuania expelled Chinese divlomats after a Chinese ship was accused during the investigation of the two underground data measurement. A person runs under the Baltic Sea between Lithuania and Sweden.
___
McNeil reported from Brussels.
