China's Ministry of Commerce Condemns U.S. Export Control List Decision

China's Ministry of Commerce voiced strong opposition to a U.S. decision to add multiple Chinese entities to its export control list due to Russia-related issues. The move, which includes 105 firms from Russia and China, has been criticized for disrupting international trade and economic exchanges.


Devdiscourse News Desk | Updated: 25-08-2024 10:28 IST | Created: 25-08-2024 10:28 IST
China's Ministry of Commerce Condemns U.S. Export Control List Decision
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China's Ministry of Commerce has expressed strong opposition to a U.S. decision to include multiple Chinese entities on its export control list, citing Russia-related issues.

The United States recently added 105 firms, including 42 Chinese and 63 Russian companies, to a trade restriction list. These entities were accused of providing support to the Russian military, such as sending U.S. electronics and producing drones used in Russia's invasion of Ukraine.

U.S. suppliers are now required to obtain difficult-to-secure licenses to ship to these companies on the 'entity list.' China's Ministry argued that the U.S.'s actions disrupt international trade order and impede normal economic exchanges, vowing to take necessary measures to protect its companies' legitimate rights.

(With inputs from agencies.)

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