china says new us sanctions wont help cooperation
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

on North Korea

China says new US sanctions 'won't help' cooperation

Arab Today, arab today

Arab Today, arab today China says new US sanctions 'won't help' cooperation

North Korean leader Kim Jong-Un visiting the Chemical Material Institute
Beijing - Arabs Today

China said Wednesday that new US sanctions targeting Chinese firms linked to North Korea "will not help" cooperation with Beijing in the nuclear crisis.

The US Treasury Department Tuesday slapped punitive measures on a series of Chinese and Russian individuals and companies, accusing them of supporting North Korea's nuclear programme and trying to evade US sanctions.

President Donald Trump has pressed China to do more to persuade its ally North Korea to abandon its nuclear and ballistic missile programmes.

"The US action will not help the solution of the problem as well as the mutual trust and cooperation with China," foreign ministry spokeswoman Hua Chunying told a regular news briefing.

"We urge the US side to stop this wrongdoing and correct it," she said.

At the same time, Hua said the "extremely tense" situation on the Korean Peninsula "has shown some signs of abating" thanks to the concerted efforts of various parties, though it "remains highly complex and sensitive".

She made the remark hours after US Secretary of State Rex Tillerson signalled that talks with the North might be possible "in the near future".

Trump later said in a speech that North Korean leader Kim Jong-Un was "starting to respect" the United States.

Hua renewed Beijing's call for peace talks and for North Korea and the US to "exercise restraint".

"We also noted that many country leaders also said the Korean peninsula issue should be peacefully resolved and the call for dialogue, peace and deescalation, rather than confrontation, war and mutual provocation, represents the common voice of the international community."

Tensions have eased since Kim pulled back from a plan to send a salvo of missiles towards the US Pacific territory of Guam.

But Pyongyang Wednesday disclosed significant technological advances in its missile programmes and ambitious plans to further improve its capabilities.

- Coal companies -

The new sanctions are part of a broader US effort to disrupt the flow of cash funding North Korean weapons programmes. They target companies that have dealt in natural resources such as coal and minerals or engaged in financial transactions for North Korean interests.

It is the second time since June that Washington has targeted Chinese entities linked to North Korea.

"It is unacceptable for individuals and companies in China, Russia and elsewhere to enable North Korea to generate income used to develop weapons of mass destruction and destabilise the region," Treasury Secretary Steven Mnuchin said in a statement.

China backed new United Nations sanctions against North Korea earlier this month and announced last week that it was upholding them by banning imports of iron, iron ore and seafood from its neighbour.

Beijing had already suspended imports of North Korean coal in February.

The new US sanctions took aim at a half-dozen Chinese companies, including three -- Dandong Zhicheng Metallic Materials Co Ltd, JinHou International Holding Co Ltd and Dandong Tianfu Trade Co Ltd -- that Washington said had collectively imported nearly a half billion dollars' worth of North Korean coal between 2013 and 2016.

The Treasury Department also sanctioned Dandong Zhicheng's director Chi Yupeng, a Chinese national accused of moving cash for North Korean interests.

People who answered the phone at Dandong Zhicheng and Dandong Tianfu Trade told AFP they were "unaware" of the situation and declined to comment. Calls placed to the other firms went unanswered.

The US sanctions also target Dandong Rich Earth Trading Co Ltd, which the United States says has acted on behalf of North Korea's General Bureau of Atomic Energy -- responsible for its nuclear programme -- and has eased banned North Korean exports of vanadium ore.

Another company, Mingzheng International Trading Limited, which maintains offices in Hong Kong and mainland China, was in fact a front for the Foreign Trade Bank, North Korea's main foreign exchange bank, the Treasury Department said.

In late June the Treasury Department imposed sanctions against the Bank of Dandong, severing it from the US financial system as it accused the bank of laundering North Korean cash.

The department also sanctioned two Chinese individuals said to have established front companies to ease financial transactions for North Korea, and a Chinese shipping company accused of helping smuggle banned luxury goods into the country.

Source: AFP

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

china says new us sanctions wont help cooperation china says new us sanctions wont help cooperation

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

china says new us sanctions wont help cooperation china says new us sanctions wont help cooperation

 



GMT 13:42 2015 Saturday ,04 April

Libyan warplane targets camp in Gharyan town

GMT 15:14 2017 Wednesday ,01 March

UN documents nearly 1,500 child soldiers in Yemen

GMT 07:24 2017 Sunday ,01 October

Mexico unlikely to find more quake survivors

GMT 16:15 2015 Wednesday ,11 November

German intelligence 'spied' on Fabius, FBI, UN bodies

GMT 01:32 2017 Saturday ,15 April

Russia's Putin earns about 157,000 USD in 2016

GMT 16:30 2017 Saturday ,15 July

Minister of planning gives priority

GMT 19:45 2017 Wednesday ,05 April

President of Senegal Meets Attorney General

GMT 05:18 2017 Thursday ,21 September

Over 80 missing after migrant boat sinks off Libya

GMT 19:22 2017 Saturday ,01 April

UN: Number of Syrian Refugees Tops 5 million

GMT 15:16 2016 Thursday ,29 September

FBI to put up database on police use of deadly force

GMT 05:06 2016 Friday ,30 September

Indian markets open flat

GMT 01:57 2017 Tuesday ,10 October

Twin suicide bombs kill 13 near Mogadishu airport

GMT 02:25 2017 Friday ,08 September

UAE celebrates National Day at Expo 2017 Astana

GMT 06:19 2017 Sunday ,08 January

Bleaching poses the gravest threat to coral reefs

GMT 12:35 2017 Monday ,18 September

Elham Shahin happy for “Day for Women”

GMT 09:46 2017 Thursday ,22 June

US existing home sales unexpectedly rise in May

GMT 02:36 2017 Tuesday ,10 January

US embassy condemns Al-Arish suicide attack

GMT 10:34 2017 Sunday ,26 November

czar faces graft probe
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday