The Ministry of Commerce takes countermeasures against five U.S. subsidiaries
Spokesperson of the Ministry of Commerce answers questions from reporters on the countermeasures taken against five U.S. subsidiaries of Hanwha Ocean Co., Ltd.
A reporter asked: Recently, the Ministry of Commerce announced the implementation of countermeasures against five U.S. subsidiaries of Hanwha Ocean Co., Ltd. What are the considerations?
Answer: On October 14, Eastern Time, the United States began to implement the final measures of the Section 301 investigation against China's maritime, logistics and shipbuilding sectors. This seriously violates international law and the basic principles of international relations, and seriously infringes on the legitimate rights and interests of Chinese enterprises. The U.S. subsidiaries of Hanwha Ocean Co., Ltd. have assisted and supported the U.S. government in conducting the Section 301 investigation on China's maritime, logistics and shipbuilding industries and taking measures. China is strongly dissatisfied and firmly opposes this. In order to safeguard its own sovereignty, security and development interests, according to relevant laws and regulations such as the "Law of the People's Republic of China on Countering Foreign Sanctions", after being approved by the national mechanism for coordinating countermeasures against foreign sanctions, China has decided to include five U.S. subsidiaries of Hanwha Ocean Co., Ltd. in the countermeasure list, prohibiting organizations and individuals within China from engaging in related transactions, cooperation and other activities with them.
China urges the United States and relevant companies to respect facts and multilateral trade and economic rules, abide by the principles of market economy and fair competition, correct the erroneous practices as soon as possible, and stop damaging China's interests.
Original: www.toutiao.com/article/1845929323017216/
Statement: This article represents the personal views of the author.