China lodges protest over US sanction list on Iran

Those affected by sanctions cannot access US financial system or deal with US companies

Reuters February 06, 2017
Those affected by sanctions cannot access US financial system or deal with US companies PHOTO: REUTERS

BEIJING: China on Monday said it had lodged a protest with the United States over Washington's new sanctions list targeting Iran, which includes Chinese companies and individuals.

The sanctions on 25 people and entities imposed on Friday by President Donald Trump's administration, and came two days it had put Iran 'on notice' following a ballistic missile test.

Those affected by the sanctions cannot access the US financial system or deal with US companies, and are subject to secondary sanctions, meaning foreign companies and individuals are prohibited from dealing with them or risk being blacklisted by the United States.

The list includes two Chinese companies and three Chinese people, only one of whom the US Treasury Department explicitly said was a Chinese citizen, a person called Qin Xianhua.

Chinese Foreign Ministry spokesman Lu Kang said that Beijing had lodged a protest with Washington, and that such sanctions, particularly when they harmed the interests of a third party, were "not helpful" in promoting mutual trust.

"We have consistently opposed any unilateral sanctions," Lu told a regular press briefing. Executives of two Chinese companies included on the list said on Sunday they had only exported "normal" goods to the Middle Eastern country and didn't consider they had done anything wrong.


rich | 5 years ago | Reply great lets see what sort of superpower is china if its scared of us sanction
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