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China has imposed sanctions on two organizations

Chinese authorities have imposed on two financial institutions on Wednesday, the statement of the Chinese Ministry of Commerce said.

The statement of the statement published on Wednesday on Wednesday states that the European Union has previously confirmed the 18th package of sanctions against Russia, which, in particular, influenced two financial institutions in China. In response to EU operations, China decided to anti-facilitations.

It is noted that the reaction of two banks, UAB UABA BANKAS and AB MANO BANKAS will be taken from August 13.

"In China, organizations and individuals are prohibited from conducting relevant actions and cooperate with them," the statement said.