AIRLINK 72.59 Increased By ▲ 3.39 (4.9%)
BOP 4.99 Increased By ▲ 0.09 (1.84%)
CNERGY 4.29 Increased By ▲ 0.03 (0.7%)
DFML 31.71 Increased By ▲ 0.46 (1.47%)
DGKC 80.90 Increased By ▲ 3.65 (4.72%)
FCCL 21.42 Increased By ▲ 1.42 (7.1%)
FFBL 35.19 Increased By ▲ 0.19 (0.54%)
FFL 9.33 Increased By ▲ 0.21 (2.3%)
GGL 9.82 Increased By ▲ 0.02 (0.2%)
HBL 112.40 Decreased By ▼ -0.36 (-0.32%)
HUBC 136.50 Increased By ▲ 3.46 (2.6%)
HUMNL 7.14 Increased By ▲ 0.19 (2.73%)
KEL 4.35 Increased By ▲ 0.12 (2.84%)
KOSM 4.35 Increased By ▲ 0.10 (2.35%)
MLCF 37.67 Increased By ▲ 1.07 (2.92%)
OGDC 137.75 Increased By ▲ 4.88 (3.67%)
PAEL 23.41 Increased By ▲ 0.77 (3.4%)
PIAA 24.55 Increased By ▲ 0.35 (1.45%)
PIBTL 6.63 Increased By ▲ 0.17 (2.63%)
PPL 125.05 Increased By ▲ 8.75 (7.52%)
PRL 26.99 Increased By ▲ 1.09 (4.21%)
PTC 13.32 Increased By ▲ 0.24 (1.83%)
SEARL 52.70 Increased By ▲ 0.70 (1.35%)
SNGP 70.80 Increased By ▲ 3.20 (4.73%)
SSGC 10.54 No Change ▼ 0.00 (0%)
TELE 8.33 Increased By ▲ 0.05 (0.6%)
TPLP 10.95 Increased By ▲ 0.15 (1.39%)
TRG 60.60 Increased By ▲ 1.31 (2.21%)
UNITY 25.10 Decreased By ▼ -0.03 (-0.12%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 7,566 Increased By 157.7 (2.13%)
BR30 24,786 Increased By 749.4 (3.12%)
KSE100 71,902 Increased By 1235.2 (1.75%)
KSE30 23,595 Increased By 371 (1.6%)

WASHINGTON: The United States warned Chinese firms on Thursday they would face consequences if they sought to evade any export controls imposed on Moscow in the event of Russia invading Ukraine.

US State Department spokesman Ned Price made the remark after China's Foreign Ministry said China and Russia had coordinated their positions on Ukraine during a meeting between their foreign ministers in Beijing on Thursday.

"We have an array of tools that we can deploy if we see foreign companies, including those in China, doing their best to backfill US export control actions, to evade them, to get around them," Price told a regular news briefing.

Western countries say any invasion of Ukraine by Russia would bring sanctions on Moscow and Washington has said it is prepared to impose financial sanctions as well as export-control measures.

IS chief did not fight, was offered chance to surrender: US general

White House national security official Peter Harrell said on Wednesday that Washington was working on the export-control measures with allies in Asia, including Japan and South Korea.

Price said Russia should know that a closer relationship with Beijing would not make up for the consequences imposed in response to an invasion.

"If Russia thinks that it will be in a position ... to mitigate some of those consequences, by a closer relationship with (China), that is not the case. It will actually make the Russian economy, in many ways, more brittle," he said.

"If you deny yourself the ability to transact with the West, to import with the West, from Europe, from the United States, you are going to significantly degrade your productive capacity and your innovative potential."

Price said US Secretary of State Antony Blinken and China's Foreign Minister Wang Yi had an extended discussion on potential implications of Russian action against Ukraine in a phone call last week.

Asked to comment on Price's remarks, Liu Pengyu, the spokesman for China's Washington embassy, replied: "We have noted relevant reports. Creating tensions does no good to easing the Ukraine crisis, but only adds more uncertainties to the region and the whole world. China is firmly opposed to this."

China's foreign ministry earlier said Wang met with Russian counterpart Sergei Lavrov and expressed "understanding and support" for Russia's position on security regarding Russia's relationship with the United States and NATO.

It said both sides coordinated their positions on regional issues of common concern, such as Ukraine, Afghanistan and the situation on the Korean Peninsula.

The UN Security Council is due to meet on Friday at the request of the United States and Britain after North Korea's launch of an intermediate-range ballistic missile last weekend.

Biden says ‘major terrorist’ blew himself up in US raid

The United States has been pushing for more international sanctions on North Korea over a recent spate of missile tests, but last month China and Russia delayed a US bid to impose UN sanctions on five North Koreans linked to their country's weapons programs.

Lavrov is in Beijing with President Vladimir Putin, who will meet Chinese President Xi Jinping on Friday before attending the opening ceremony of the Beijing Winter Olympics.

Comments

Comments are closed.