AGL 37.48 Increased By ▲ 0.23 (0.62%)
AIRLINK 123.00 Decreased By ▼ -1.02 (-0.82%)
BOP 5.85 Increased By ▲ 0.23 (4.09%)
CNERGY 3.72 No Change ▼ 0.00 (0%)
DCL 8.42 Increased By ▲ 0.17 (2.06%)
DFML 40.51 Increased By ▲ 0.24 (0.6%)
DGKC 85.99 Increased By ▲ 0.25 (0.29%)
FCCL 33.18 Increased By ▲ 0.58 (1.78%)
FFBL 66.65 Increased By ▲ 0.15 (0.23%)
FFL 10.16 No Change ▼ 0.00 (0%)
HUBC 105.00 Increased By ▲ 1.90 (1.84%)
HUMNL 13.35 Decreased By ▼ -0.05 (-0.37%)
KEL 4.30 Increased By ▲ 0.05 (1.18%)
KOSM 7.25 Increased By ▲ 0.07 (0.97%)
MLCF 38.40 Increased By ▲ 0.10 (0.26%)
NBP 63.89 Decreased By ▼ -1.12 (-1.72%)
OGDC 174.49 Increased By ▲ 0.69 (0.4%)
PAEL 25.13 Increased By ▲ 0.23 (0.92%)
PIBTL 5.79 Decreased By ▼ -0.01 (-0.17%)
PPL 141.60 Decreased By ▼ -1.10 (-0.77%)
PRL 23.03 Increased By ▲ 0.05 (0.22%)
PTC 15.35 Increased By ▲ 0.24 (1.59%)
SEARL 65.78 Increased By ▲ 0.43 (0.66%)
TELE 7.04 Increased By ▲ 0.04 (0.57%)
TOMCL 36.50 Decreased By ▼ -0.41 (-1.11%)
TPLP 7.34 No Change ▼ 0.00 (0%)
TREET 14.30 Increased By ▲ 0.02 (0.14%)
TRG 51.15 Increased By ▲ 1.45 (2.92%)
UNITY 26.69 Increased By ▲ 0.54 (2.07%)
WTL 1.25 Increased By ▲ 0.01 (0.81%)
BR100 9,629 Increased By 27.9 (0.29%)
BR30 28,735 Increased By 162.3 (0.57%)
KSE100 90,562 Increased By 275.3 (0.3%)
KSE30 28,304 Decreased By -39.1 (-0.14%)

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.