Gao Jiancong, spokesperson for the Chinese Ministry of Foreign Affairs, reacted to the new US sanctions against Iran and Russia at a press conference today (Thursday) and emphasized the principles of Beijing's economic and trade cooperation. He stated, "Beijing has always conducted its normal economic and trade cooperation with countries around the world based on equality and mutual benefits."
China's Opposition to Unilateral Sanctions
Gao Jiancong also emphasized that China's cooperation is not against any country or third party, and is exempt from the interference and coercion of any party. He added, "We have always opposed illegal unilateral sanctions and extraterritorial jurisdiction that have no basis in international law and are not authorized by the United Nations Security Council." These remarks come as the US House of Representatives recently passed a bill for extensive sanctions against Iran and Russia.
Read more: US House of Representatives Passes New Sanctions Against Russia and Iran
Details of the US Sanctions Bill
The US House of Representatives passed a bill on Wednesday night local time with 262 votes in favor and 159 against, aimed at sanctioning countries that purchase crude oil or natural gas from Russia. This law, previously proposed by Steny Hoyer, a Democratic congressman, includes countries such as India, China, Turkey, and several others. If these countries purchase crude oil from Russia, they may face tariffs of up to 100 percent.
This action follows the US's review of India's purchase of Russian crude oil. While New Delhi has stated that its imports of Russian oil are for energy security, the new sanctions could affect trade relations between countries and escalate international tensions.
International Consequences of the Sanctions
The impacts of these sanctions could lead to a broadening of economic and political relations between countries. China, as one of the largest energy buyers in the world, may seek to strengthen its cooperation with other countries to shield itself from the negative effects of US sanctions. Gao Jiancong also noted that China is always looking for new ways to enhance economic cooperation with other countries and that these sanctions cannot hinder the progress of trade relations.
China and Russia, as two large and influential countries on the international stage, may strengthen their cooperation in various fields including energy, technology, and trade to withstand external pressures. These developments highlight the importance of diplomacy and international cooperation in the current circumstances.
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