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Saturday, December 28, 2024

China Sanctions US Firms Over Arms Sales to Taiwan

ISLAMABAD, (TDI): The Chinese Foreign Ministry announced sanctions against seven U.S. military-industrial companies and their senior executives in response to arms sales to Taiwan.

According to the Global Times, the sanctions come after the U.S. approved significant military assistance and arms sales to Taiwan, included in its “National Defense Authorization Act for Fiscal Year 2025.”

The Chinese government stated that these actions violate the one-China principle and the three China-U.S. Joint Communiqués, interfering in China’s internal affairs and undermining its sovereignty and territorial integrity.

The sanctioned entities include Insitu, Inc., Hudson Technologies Co., Saronic Technologies, Inc., Raytheon Canada, Raytheon Australia, Aerkomm Inc., and Oceaneering International, Inc.

Their properties and assets within China will be frozen, and all Chinese organizations and individuals are prohibited from engaging in transactions or collaborations with them.

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The sanctions will take effect on December 27, 2024, according to the Chinese Foreign Ministry.

Chinese Foreign Ministry spokesperson Mao Ning reiterated at a press briefing that pursuing “Taiwan independence” is a dead end. She warned that U.S. military support for Taiwan would backfire, resulting in self-inflicted consequences.

Mao described the China-related clauses in U.S. legislation as reflective of a Cold War mentality and ideological bias, accusing the U.S. of distorting facts to perpetuate the “China threat” narrative and justify increased military spending.

Call for Adherence to Agreements

China urged the U.S. to adhere to the one-China principle and the three China-U.S. Joint Communiqués, especially the August 17 Communiqué, and to immediately halt all forms of arms sales to Taiwan.

Mao called on the U.S. to adopt an objective and rational view of China’s development and bilateral relations. She also urged Washington to avoid implementing negative provisions in its legislation and to refrain from actions or statements harmful to China’s interests.

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China affirmed its commitment to safeguarding its sovereignty, security, and development interests through necessary measures.

US-Taiwan Arms Deal

Reuters reported that the U.S. recently approved $571.3 million in defense assistance to Taiwan, in addition to $385 million in arms sales. Notably, the U.S. and Taiwan maintain no formal diplomatic relations.

China has strongly condemned these developments, emphasizing its determination to respond firmly to safeguard its national interests.

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