Beijing says US sanctions does not contribute to defusing the Korean standoff

YemenExtra

Beijing has urged the US to drop the new batch of sanctions against Chinese companies and individuals, saying that the restrictions do not contribute to defusing the Korean standoff.

The sanctions were imposed by the US Treasury on Tuesday. They affect 16 mainly Chinese and Russian individuals and companies over alleged “support of the North Korean regime” and assisting Pyongyang in its nuclear and ballistic missile programs in violation of UN Security Council resolutions.

The unilateral US actions contribute neither to solving problems on the Korean Peninsula, nor to Sino-US trust, the spokeswoman said, adding that Beijing has urged Washington to drop the sanctions.

One of the Chinese companies hit by the new US sanctions, Dandong Rich Earth Trading Co., has firmly rejected the allegations of violating the UNSC resolutions. The US Treasury accused the company of purchasing vanadium ore from North Korea.