European Commission proposes Russia sanctions reprieve for dealings with Chinese chips firm

​The ​European Commission proposed ‌a 9-month ​derogation on dealings with ‌a Chinese semiconductor company listed in its 20th package ‌of sanctions against Russia, a ‌Commission spokesperson said on Friday. The company, Yangzhou Yangjie Electronic, ⁠will remain ​on ⁠the EU's sanctions list but ⁠the temporary reprieve will allow ​automakers to find alternative ⁠chip supplies and avoid a "severe disruption", ⁠the ​spokesperson said.

EU countries will have to ⁠unanimously agree on the proposal for ⁠the ⁠measure to come into force.

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