"The anchoring in Hong Kong waters of a sanctioned Russian oligarch’s superyacht is ramping up tensions between Beijing and Washington, which warned against the financial center being used as a safe haven.U.S. and Chinese officials, already at loggerheads over Beijing’s crackdowns on freedoms in the former British colony.
The 465-foot Nord, owned by steel magnate Alexey Mordashov, moored west of the Chinese territory’s Victoria Harbour last week after departing from the far-eastern Russian city of Vladivostok, according to website MarineTraffic.
Its presence has drawn onlookers in passing boats eager to snap photos of one the world’s biggest luxury vessels. Equipped with two helicopter pads, a cinema and swimming pool, it can be seen flying a Russian flag. It has also ignited a spat between
“The possible use of Hong Kong as a safe haven by individuals evading sanctions from multiple jurisdictions further calls into question the transparency of the business environment,” a U.S. State Department spokesman said in a statement Saturday.
“Hong Kong’s reputation as a financial center depends on adherence to international laws and standards,” the statement said."
https://www.wsj.com/articles/in-hong-kong-sanctioned-russian-tycoons-superyacht-prompts-china-u-s-barbs-11665393941?
Questions:
Should the owner given the opportunity to explain why the sanction against him is mistaken? And/or why parking his boat there should be allowed?
If so, shouldn't Hong Kong assemble experts of international laws and standards from NATO/EU and non-NATO/EU nations to independently determine the issue outside of the US?
On Monday, October 10, 2022 at 8:10:18 PM UTC+8, ltlee1 wrote:between U.S. and Chinese officials, already at loggerheads over Beijing’s crackdowns on freedoms in the former British colony.
"The anchoring in Hong Kong waters of a sanctioned Russian oligarch’s superyacht is ramping up tensions between Beijing and Washington, which warned against the financial center being used as a safe haven.
The 465-foot Nord, owned by steel magnate Alexey Mordashov, moored west of the Chinese territory’s Victoria Harbour last week after departing from the far-eastern Russian city of Vladivostok, according to website MarineTraffic.
Its presence has drawn onlookers in passing boats eager to snap photos of one the world’s biggest luxury vessels. Equipped with two helicopter pads, a cinema and swimming pool, it can be seen flying a Russian flag. It has also ignited a spat
old American made car?“The possible use of Hong Kong as a safe haven by individuals evading sanctions from multiple jurisdictions further calls into question the transparency of the business environment,” a U.S. State Department spokesman said in a statement Saturday.
“Hong Kong’s reputation as a financial center depends on adherence to international laws and standards,” the statement said."
https://www.wsj.com/articles/in-hong-kong-sanctioned-russian-tycoons-superyacht-prompts-china-u-s-barbs-11665393941?
Questions:
Should the owner given the opportunity to explain why the sanction against him is mistaken? And/or why parking his boat there should be allowed?
If so, shouldn't Hong Kong assemble experts of international laws and standards from NATO/EU and non-NATO/EU nations to independently determine the issue outside of the US?US is being childish when the sanction issue is on imports and exports of trades and is not individual item of such property as yacht or even a car. Does it mean the sanction is not applicable if the yacht is a small old yacht and if the car is a cheap
On Tuesday, October 11, 2022 at 5:08:39 PM UTC, stoney wrote:between U.S. and Chinese officials, already at loggerheads over Beijing’s crackdowns on freedoms in the former British colony.
On Monday, October 10, 2022 at 8:10:18 PM UTC+8, ltlee1 wrote:
"The anchoring in Hong Kong waters of a sanctioned Russian oligarch’s superyacht is ramping up tensions between Beijing and Washington, which warned against the financial center being used as a safe haven.
The 465-foot Nord, owned by steel magnate Alexey Mordashov, moored west of the Chinese territory’s Victoria Harbour last week after departing from the far-eastern Russian city of Vladivostok, according to website MarineTraffic.
Its presence has drawn onlookers in passing boats eager to snap photos of one the world’s biggest luxury vessels. Equipped with two helicopter pads, a cinema and swimming pool, it can be seen flying a Russian flag. It has also ignited a spat
Saturday.“The possible use of Hong Kong as a safe haven by individuals evading sanctions from multiple jurisdictions further calls into question the transparency of the business environment,” a U.S. State Department spokesman said in a statement
cheap old American made car?“Hong Kong’s reputation as a financial center depends on adherence to international laws and standards,” the statement said."
https://www.wsj.com/articles/in-hong-kong-sanctioned-russian-tycoons-superyacht-prompts-china-u-s-barbs-11665393941?
Questions:
Should the owner given the opportunity to explain why the sanction against him is mistaken? And/or why parking his boat there should be allowed?
If so, shouldn't Hong Kong assemble experts of international laws and standards from NATO/EU and non-NATO/EU nations to independently determine the issue outside of the US?US is being childish when the sanction issue is on imports and exports of trades and is not individual item of such property as yacht or even a car. Does it mean the sanction is not applicable if the yacht is a small old yacht and if the car is a
What is the "international laws and standards" on deciding LEGITIMATE sanction
targets? Assuming the process involved is not a matter throwing darts on a list of
names.
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