US Imposes Sanctions on Chinese Company for Rights Abuses in Cambodia

The United States government has stepped up its diplomatic pressure on Beijing and imposed sanctions on a Chinese state-owned company for human rights abuses and the seizure of land in Cambodia used in a $3.8 billion property development.

According to a statement from the U.S. Treasury Department, the Tianjin-based Union Development Group (UDG) had been blocked from financial transactions and the provision of goods and services within the United States.

UDG was designated by the department’s Office of Foreign Assets Control under the Global Magnitsky Human Rights Accountability Act, which targets perpetrators of serious human rights abuse and corruption, and their supporters.

In full: https://thediplomat.com/2020/09/us-imposes-sanctions-on-chinese-company-for-rights-abuses-in-cambodia/

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