Chinanews, September 17 According to the website of the Chinese Embassy in Cambodia, the spokesperson of the embassy made a statement on the 16th on the sanctions imposed by the United States on the U.S. Group, a Chinese-funded enterprise in Cambodia.
The spokesman said that the US government, ignoring the facts and citing its domestic law to impose sanctions on Chinese-funded projects in Cambodia on unwarranted charges, is a naked hegemonic act.
The Chinese Embassy in Cambodia strongly opposes and condemns this and urges the US to immediately correct this wrong approach and revoke the so-called sanctions.
On September 15, the US Treasury Department issued a statement claiming that it would impose sanctions on China Union Development Group Co., Ltd. projects in Cambodia in accordance with the "Global Magnitsky Bill of Rights" and the relevant administrative orders of the US government.
The spokesperson said that as everyone knows, the "Cambodia Comprehensive Investment and Development Pilot Zone and the Seven Star Sea Tourism Resort Special Zone Project in Cambodia" is a large-scale comprehensive project approved by the Cambodian government and invested by Youlian Development Group Co., Ltd., a subsidiary of the Chinese private enterprise Tianjin Youlian Group.
The project complies with Cambodian laws and regulations and has contributed to the promotion of Cambodia's economic and social development.
The spokesman pointed out that the U.S. government, ignoring the facts and citing its domestic law to impose sanctions on Chinese-funded projects in Cambodia on unwarranted charges, is a naked hegemonic act.
The US's suppression of the legal investment of Chinese-funded enterprises in Cambodia has not only harmed the legitimate rights and interests of related enterprises, but has also grossly trampled on Cambodia's sovereignty.
The spokesman said that the Chinese Embassy in Cambodia strongly opposed and condemned this.
We urge the US to immediately correct this wrong approach and revoke the so-called sanctions.