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The Independent UK
The Independent UK
National
Via AP news wire

China targets 2 Lithuanian banks in response to new EU sanctions

European Union China Lithuania Starmer Russia Europe
Lithuania China Sanctions - (Copyright 2025 The Associated Press. All rights reserved.)

China imposed sanctions on two Lithuanian banks in what it said was retaliation for the European Union including two Chinese financial institutions in its latest round of sanctions against Russia.

Lithuania's UAB Urbo Bankas and Mano Bankas AB are prohibited from having any cooperation with individuals or institutions in China, according to a statement Wednesday from the Ministry of Commerce.

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