AIRLINK 196.38 Increased By ▲ 4.54 (2.37%)
BOP 10.11 Increased By ▲ 0.24 (2.43%)
CNERGY 7.75 Increased By ▲ 0.08 (1.04%)
FCCL 38.10 Increased By ▲ 0.24 (0.63%)
FFL 15.74 Decreased By ▼ -0.02 (-0.13%)
FLYNG 24.54 Decreased By ▼ -0.77 (-3.04%)
HUBC 130.38 Increased By ▲ 0.21 (0.16%)
HUMNL 13.73 Increased By ▲ 0.14 (1.03%)
KEL 4.60 Decreased By ▼ -0.07 (-1.5%)
KOSM 6.19 Decreased By ▼ -0.02 (-0.32%)
MLCF 44.85 Increased By ▲ 0.56 (1.26%)
OGDC 206.51 Decreased By ▼ -0.36 (-0.17%)
PACE 6.58 Increased By ▲ 0.02 (0.3%)
PAEL 39.77 Decreased By ▼ -0.78 (-1.92%)
PIAHCLA 17.20 Decreased By ▼ -0.39 (-2.22%)
PIBTL 7.99 Decreased By ▼ -0.08 (-0.99%)
POWER 9.20 Decreased By ▼ -0.04 (-0.43%)
PPL 178.91 Increased By ▲ 0.35 (0.2%)
PRL 38.93 Decreased By ▼ -0.15 (-0.38%)
PTC 24.31 Increased By ▲ 0.17 (0.7%)
SEARL 109.27 Increased By ▲ 1.42 (1.32%)
SILK 1.00 Increased By ▲ 0.03 (3.09%)
SSGC 37.75 Decreased By ▼ -1.36 (-3.48%)
SYM 18.83 Decreased By ▼ -0.29 (-1.52%)
TELE 8.53 Decreased By ▼ -0.07 (-0.81%)
TPLP 12.14 Decreased By ▼ -0.23 (-1.86%)
TRG 64.76 Decreased By ▼ -1.25 (-1.89%)
WAVESAPP 12.11 Decreased By ▼ -0.67 (-5.24%)
WTL 1.64 Decreased By ▼ -0.06 (-3.53%)
YOUW 3.87 Decreased By ▼ -0.08 (-2.03%)
BR100 12,000 Increased By 69.2 (0.58%)
BR30 35,548 Decreased By -112 (-0.31%)
KSE100 114,256 Increased By 1049.3 (0.93%)
KSE30 35,870 Increased By 304.3 (0.86%)

BERLIN: China and Germany traded barbs Tuesday over Ukraine, with Beijing warning the EU against sanctions targeting its companies while Berlin said “neutrality” in the conflict meant taking Russia’s side.

At their second meeting in a month, the foreign ministers of the two countries, Qin Gang and Annalena Baerbock, clashed repeatedly over major powers’ responsibilities on the world stage.

Qin warned the European Union against imposing punitive measures again Chinese companies over Russia, saying it would take action to protect their interests.

Referring to discussions within the EU over possible restrictions on eight Chinese companies, he said that if punitive action was taken, “China will also take the necessary response to firmly protect the legitimate interests of Chinese companies”.

Chinese and Russian companies enjoy “normal exchanges and cooperation” which “should not be affected”, Qin said, following talks in Berlin with Baerbock.

China was “firmly against” other countries imposing their own regulations or taking unilateral action against it, added Qin, who is on a European tour also taking in France and Norway. EU ambassadors are meeting on Wednesday to begin discussions on an 11th round of sanctions over Russia’s war on Ukraine.

As part of the package, the EU’s executive has recommended halting exports of sensitive technologies to eight Chinese companies over suspicions they were selling them on to Russia, according to a document seen by AFP.

The EU wants to crack down on the re-exportation via third countries to Russia of sensitive technology that can be used on the battlefield, such as microchips.

In Berlin, Qin insisted that Beijing has always pushed for “peaceful dialogue” to end the war in Ukraine. China will dispatch a special envoy to Ukraine on the matter, he said, urging Germany to do more to push for a ceasefire and peace talks. But Baerbock pressed Beijing to take a clear stance against Russia, warning that neutrality in the war meant siding with Moscow.

“Neutrality means taking the side of the aggressor, and that is why our guiding principle is to make it clear that we are on the side of the victim,” she said. Qin cautioned that Germany as Europe’s top economy would pay a heavy price if it sought to “decouple” from China, or distance itself economically from the Asian giant over political “differences”.

Comments

Comments are closed.