EU mulls sanctions reprieve for Chinese fabric-maker accused of aiding Russia

AI Summary

EU member-state diplomats are considering lifting sanctions on Chinese textile maker Yusha Group, which is accused of supplying sensitive European technology to Russian buyers. The proposed exchange would see Beijing pledge to halt shipments to Russian military-linked buyers and remove German firm Sindlhauser Materials from its export-control list.

Diplomats from the EU’s 27 member states were pressured this week to lift sanctions on Yusha Group, a Chinese textiles manufacturer accused of selling sensitive European technology to Russian buyers. In exchange, Beijing has pledged that the company will refrain from shipping banned items to Russian military-linked buyers. It will also remove German company Sindlhauser Materials from its own export controls list, according to multiple sources familiar with the affair. The unusual quid pro quo –...