Free Trial

US-CHINA: MOFCOM Decries US Sanctions On Firms Accused Of Russia Drone Supply

US-CHINA

(MNI) London - Wires carrying comments from a Chinese Commerce Ministry spox. Says, in relation to US sanctions imposed on firms engaged in drone development, that "China firmly opposes unilateral sanctions and long-arm jurisdiction without the basis of international law and the authorisation of the UN Security Council". Says that "China will resolutely safeguard its own legitimate rights and interests." Spox: "China opposes any malicious acts of suppressing and sanctioning Chinese enterprises on the pretext of Russia". 

  • The sanctions on two Chinese firms that Washington, D.C., alleges are making drones for use by Russia in its invasion of Ukraine were announced by the Treasury Dep't last week. CNN: "The Chinese companies had collaborated with Russian defense firms in the production of Moscow’s “Garpiya series” long-range unmanned aerial vehicles, the department said [...]. The drones were designed, developed and made in China before being sent to Russia for use in [sic] the battlefield,"
  • China has long denied that it supplies any frontline weaponry to Russia for use in the war in Ukraine, but the increasingly close economic, diplomatic, and military relationship between Moscow and Beijing remains a major source of concern for the US both in terms of countering the Russian assault on Ukraine, but also in terms of maintaining economic competitiveness and so-called 'great power rivalry'. 

 

215 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

(MNI) London - Wires carrying comments from a Chinese Commerce Ministry spox. Says, in relation to US sanctions imposed on firms engaged in drone development, that "China firmly opposes unilateral sanctions and long-arm jurisdiction without the basis of international law and the authorisation of the UN Security Council". Says that "China will resolutely safeguard its own legitimate rights and interests." Spox: "China opposes any malicious acts of suppressing and sanctioning Chinese enterprises on the pretext of Russia". 

  • The sanctions on two Chinese firms that Washington, D.C., alleges are making drones for use by Russia in its invasion of Ukraine were announced by the Treasury Dep't last week. CNN: "The Chinese companies had collaborated with Russian defense firms in the production of Moscow’s “Garpiya series” long-range unmanned aerial vehicles, the department said [...]. The drones were designed, developed and made in China before being sent to Russia for use in [sic] the battlefield,"
  • China has long denied that it supplies any frontline weaponry to Russia for use in the war in Ukraine, but the increasingly close economic, diplomatic, and military relationship between Moscow and Beijing remains a major source of concern for the US both in terms of countering the Russian assault on Ukraine, but also in terms of maintaining economic competitiveness and so-called 'great power rivalry'.