They undermine China-Venezuela cooperation and violate legitimate interests.
On Wednesday, China’s Foreign Ministry spokesperson Mao Ning spoke out against the “general licenses” used by the United States to steer Venezuela’s economic options in line with its own interests.
“China firmly opposes US manipulation of ‘general license’ to restrict China-Venezuela cooperation,” she said regarding the “general licenses” issued by the Department of the Treasury’s Office of Foreign Assets Control (OFAC) to authorize investment and operational contracts in the Venezuelan mining sector.
On March 27, OFAC issued Venezuela-related General License 51A, “Authorizing Certain Activities Involving Venezuelan-Origin Minerals, Including Gold;” Venezuela-related General License 54, “Authorizing the Supply of Certain Items and Services for Minerals Operations in Venezuela;” and Venezuela-related General License 55, “Authorizing Negotiations of and Entry into Contingent Contracts for Certain Investment in Venezuela’s Minerals Sector.”
Through these general licenses, the United States government seeks to prevent economic operations between Venezuela and other countries.
More specifically, the operations covered by these licenses must comply with certain conditions and prohibit transactions with entities linked to China, Russia, Iran, North Korea and Cuba.
These provisions align with other recent measures by Washington that also exclude individuals and organizations previously sanctioned. Beijing’s position reflects its rejection of restrictions that affect the interests of all parties involved.
“China’s legitimate rights and interests in Venezuela must be protected. What the U.S. should do is immediately lift its illegal unilateral sanctions against Venezuela, and not use the so-called ‘general license’ to glorify its actions that harm the legitimate rights and interests of all parties involved, including Venezuela,” Mao said.
teleSUR/ JF
Sources: Xinhua – Global Times – OFAC
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