5 days ago
- Business
- South China Morning Post
China bans agencies and individuals from dealing with 2 EU banks
China decided on Wednesday to sanction two European banks as a countermeasure against previous financial sanctions from the 27-member bloc.
The Ministry of Commerce will ban Chinese agencies and individuals from doing business with UAB Urbo Bankas and AB Mano Bankas, according to its online statement.
The measure will take effect from Wednesday.
More to follow …
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