BR100 Decreased By (-1.27%)
BR30 Decreased By (-1.22%)
KSE100 Decreased By (-1.02%)
KSE30 Decreased By (-1.14%)
AGHA 7.69 Decreased By ▼ -0.12 (-1.54%)
BECO 5.17 Decreased By ▼ -0.04 (-0.77%)
BML 57.49 Decreased By ▼ -0.01 (-0.02%)
BOP 33.82 Decreased By ▼ -0.21 (-0.62%)
CNERGY 9.90 Decreased By ▼ -0.06 (-0.6%)
CSIL 5.30 Decreased By ▼ -0.01 (-0.19%)
FCCL 53.00 Decreased By ▼ -1.70 (-3.11%)
FFL 16.55 Decreased By ▼ -0.14 (-0.84%)
FNEL 1.22 Decreased By ▼ -0.01 (-0.81%)
KEL 7.28 Decreased By ▼ -0.12 (-1.62%)
KOSM 5.87 Increased By ▲ 0.10 (1.73%)
LOTCHEM 29.09 Decreased By ▼ -0.23 (-0.78%)
MLCF 92.00 Decreased By ▼ -2.36 (-2.5%)
NBP 201.39 Decreased By ▼ -1.66 (-0.82%)
NCPL 56.73 Decreased By ▼ -0.27 (-0.47%)
NPL 66.69 Decreased By ▼ -1.01 (-1.49%)
OGDC 313.95 Decreased By ▼ -1.89 (-0.6%)
PACE 10.51 Decreased By ▼ -0.13 (-1.22%)
PAEL 42.15 Decreased By ▼ -1.05 (-2.43%)
PIBTL 16.42 Decreased By ▼ -0.32 (-1.91%)
PPL 216.25 Decreased By ▼ -3.53 (-1.61%)
PRL 50.40 Increased By ▲ 1.21 (2.46%)
PTC 69.50 Decreased By ▼ -1.03 (-1.46%)
SSGC 26.98 Decreased By ▼ -1.27 (-4.5%)
TBL 9.76 Decreased By ▼ -0.10 (-1.01%)
TELE 8.65 Decreased By ▼ -0.14 (-1.59%)
TPL 18.35 Increased By ▲ 0.11 (0.6%)
TPLP 13.52 Increased By ▲ 0.25 (1.88%)
TREET 22.58 Decreased By ▼ -0.14 (-0.62%)
TRG 59.35 Decreased By ▼ -0.79 (-1.31%)
By

HONG KONG: China’s commerce ministry said on Wednesday that it had urged Britain to stop sanctioning Chinese firms after the country sanctioned five Chinese companies over their links to Russia.

In a statement, the ministry said China “firmly opposes Britain’s actions on the grounds that the Chinese companies are “related to Russia.” Britain last week imposed its first sanctions targeting vessels in Russian President Vladimir Putin’s “shadow fleet” that it said was used to circumvent Western sanctions on the trade in Russian oil.

The action, part of 50 new sanctions and coordinated with G7 partners, also targeted suppliers of munitions, machine tools, microelectronics, and logistics to Russia’s military, including entities based in China, Israel, Kyrgyzstan and Turkey, the British government said.

Britain’s approach has ignored China’s representations and the momentum and had a negative impact on economic and trade relations between China and the UK, China’s commerce ministry said.

“Britain’s approach is a unilateral sanction that has no basis in international law,” it added.

Comments

Comments are closed for this article.