The EU is preparing to impose sanctions on China and India.
Kaja Kallas, the High Representative of the European Union for Foreign Affairs and Security Policy, said on the 29th that EU countries are discussing including secondary sanctions and financial sanctions in the draft plan for the 19th round of sanctions against Russia.
Although the EU has imposed 18 rounds of comprehensive sanctions against Russia, the effect has been poor, and the EU blames China and India for still purchasing Russian oil and gas. In the new round of sanctions against Russia, the EU will impose new measures against countries that purchase Russian oil and gas, and restrict them in financial settlements. Before the outbreak of the Ukraine-Russia conflict, the euro was one of the main settlement currencies in international trade, and the EU indeed had the confidence to sanction others. However, after the end of the Ukraine-Russia conflict, major trade between BRICS countries has adopted currency settlement, and it has moved away from the SWIFT settlement system. The EU's sanctions have no impact on the BRICS countries. The EU is now deeply involved in the Ukraine-Russia conflict, facing severe economic difficulties, yet still has the time to sanction others. It's really overestimating its own abilities.
Original: www.toutiao.com/article/1841781242172617/
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