City
Epaper

Pompeo hopes China will reconsider threat to sanction Lockheed Martin

By ANI | Updated: July 15, 2020 22:20 IST

US Secretary of State Mike Pompeo said during a press briefing on Wednesday that he hopes China will reconsider the threat it issued earlier to level sanctions against US defence contractor Lockheed Martin.

Open in App

US Secretary of State Mike Pompeo during a press briefing on Wednesday that he hopes China will reconsider the threat it issued earlier to level sanctions against US defence contractor Lockheed Martin.

The Chinese Foreign Ministry announced on Tuesday that Beijing would impose sanctions against Lockheed Martin after the United States approved a $620 million sale to Taiwan to upgrade its Patriot anti-ballistic missile systems. Lockheed Martin is the main contractor in the transaction.

"I regret that the Chinese Communist Party chose to make that threat against Lockheed Martin... I hope that they reconsider and not follow through on the remarks made," Pompeo said.

Pompeo pointed out this is not the first time China has threatened sanctions against US compes operating in Taiwan, adding that Lockheed Martin's business with Taiwan is fully consistent with US foreign policy on supplying arms the island, which Beijing considers a part of its territory.

China has called Taiwan a sensitive issue in its relations with the United States repeatedly protested the United States arms supplies to the island nation. (Sputnik/)

( With inputs from ANI )

Tags: chinabeijingMike PompeoChinese Foreign MinistryLockheed Martin
Open in App

Related Stories

BusinessGlobal Tech Firms Eye India for Manufacturing Amid US-China Tensions

OpinionsWill the Trump Card work Against China?

International20 Dead After Fire Blows Up A Nursing Home In Northern China (Photos)

InternationalUS Imposes 104% Tariff on China, Effective April 9

InternationalTariff War: China Says It Will 'Fight Till the End' After Donald Trump Threatens 50% Higher Tariffs

International Realted Stories

InternationalTrump wishes "good luck" to Canadians amid elections, proposes US statehood

InternationalPoland advances plan for first nuclear power plant

InternationalDeath toll from Iran's port blast reaches 65

InternationalPresident Murmu confers Padma Shri for Literature to American author Stephen Knapp

InternationalPresident Murmu presents Padma Shri to Kuwaiti Yoga enthusiast