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Beijing urges Britain to stop sanctioning Chinese firms

by News Wires
June 19, 2024
in Business
Beijing urges Britain to stop sanctioning Chinese firms 1 - Egyptian Gazette
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BEIJING – China’s commerce ministry said on Wednesday that it had urged Britain to stop sanctioning Chinese firms after the country sanctioned five Chinese companies over their links to Russia.

In a statement according to Reuters, the ministry said that China “firmly opposes Britain’s actions on the grounds that the Chinese companies are “related to Russia.”

Britain last week imposed its first sanctions targeting vessels in Russian President Vladimir Putin’s “shadow fleet” that it said was used to circumvent Western sanctions on the trade in Russian oil.

The action, part of 50 new sanctions and coordinated with G7 partners, also targeted suppliers of munitions, machine tools, microelectronics, and logistics to Russia’s military, the British government said.

Tags: BritainBUSINESSChinaRussia

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