Egypt fast-tracks recycling plant to turn Suez Canal into 'green canal'    Global pressure mounts on Israel as Gaza death toll surges, war deepens    Egypt targets 7.7% AI contribution to GDP by 2030: Communications Minister    Irrigation Minister highlights Egypt's water challenges, innovation efforts at DAAD centenary celebration    Egypt discusses strengthening agricultural ties, investment opportunities with Indian delegation    Al-Sisi welcomes Spain's monarch in historic first visit, with Gaza, regional peace in focus    Cairo governor briefs PM on Khan el-Khalili, Rameses Square development    El Gouna Film Festival's 8th edition to coincide with UN's 80th anniversary    Egypt expands medical, humanitarian support for Gaza patients    Egypt condemns Israeli offensive in Gaza City, warns of grave regional consequences    Cairo University, Roche Diagnostics inaugurate automated lab at Qasr El-Ainy    Egypt investigates disappearance of ancient bracelet from Egyptian Museum in Tahrir    Egypt launches international architecture academy with UNESCO, European partners    Egypt signs MoUs with 3 European universities to advance architecture, urban studies    Egypt's Sisi, Qatar's Emir condemn Israeli strikes, call for Gaza ceasefire    Egypt condemns terrorist attack in northwest Pakistan    Egyptian pound ends week lower against US dollar – CBE    Egypt hosts G20 meeting for 1st time outside member states    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Egypt seeks Indian expertise to boost pharmaceutical industry    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egyptian, Ugandan Presidents open business forum to boost trade    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



China, Russia warn US of consequences over sanctions
Published in The Egyptian Gazette on 21 - 09 - 2018

MOSCOW, Sept 21, 2018 (News Wires) - Moscow and Beijing lashed out Friday at Washington's new anti-Russian sanctions that also target China for the first time, warning the United States could face consequences.
President Vladimir Putin's spokesman accused Washington of playing unfairly and using new measures to squeeze Moscow out of the global arms market, after the United States slapped sanctions on China for buying Russian warplanes and missiles and threatened to target its other clients.
"This is unfair competition, dishonest competition, an attempt to use non-market methods that run counter to norms and principles of international trade to squeeze the main competitor of US makers out of the markets," said Kremlin spokesman Dmitry Peskov.
Peskov said that "Washington's continued sanctions hysterics" dealt a new blow to US-Russia ties but could not immediately say if Moscow would retaliate, or how.
On Thursday, Washington placed financial sanctions on the Equipment Development Department of the Chinese Defence Ministry, and its top administrator, for its recent purchase of Russian Sukhoi Su-35 fighter jets and S-400 surface-to-air missile systems.
It was the first time a third country has been punished under the CAATSA sanctions legislation for dealing with Russia, signalling Donald Trump's readiness to risk relations with other countries over Moscow.
Beijing warning
Beijing -- which is locked in a trade war with the United States -- urged Washington to withdraw sanctions or "bear the consequences".
"The US actions have seriously violated the basic principles of international relations and seriously damaged the relations between the two countries and the two militaries," said Chinese foreign ministry spokesman Geng Shuang.
"We strongly urge the US to immediately correct their mistake and withdraw their so-called sanctions, otherwise the US will have to bear the consequences."
United in their resentment of America's global influence, China and Russia have sought in recent years to tighten up their ties and this month conducted week-long joint military drills, Moscow's largest ever war games.
Russian Foreign Minister Sergei Lavrov warned that Russia would act to end its dependency on the US dollar.
"We will do everything to stop being dependent on the countries who behave towards their partners in this way," Lavrov said on a visit to Sarajevo.
His deputy, Sergei Ryabkov, earlier said Washington was rocking global stability and said sarcastically that placing sanctions on Russia has become Washington's favourite "pastime".
"It would be good for them to remember there is such a concept as global stability which they are thoughtlessly undermining by whipping up tensions in Russian-American ties," said Ryabkov.
"Playing with fire is silly, it can become dangerous," he said in a statement, noting the latest round of anti-Russian measures was the 60th since 2011.
Arms exports are an important source of revenue for the country and last year Russia sold more than $14 billion worth of arms overseas.
US officials said that the US could consider similar action against other countries taking delivery of Russian fighter jets and missiles.
Turkey, which is embroiled in a dispute with Washington over the detention of a US pastor, is in talks to buy S-400 missile systems from Russia.


Clic here to read the story from its source.