Hong Kong On US Russia Relations : Hong Kong Refuses To Accept US Sanctions On Superyacht Owned By Russian Businessman

Hong Kong : Hong Kong leader John Lee said on Tuesday that he would only enforce UN sanctions. Earlier, the US warned that Hong Kong’s financial hub status could be in jeopardy if Hong Kong continues to be a haven for banned persons. Lee’s statement came on Tuesday after a luxury yacht owned by Russian businessman Alexei Mordashov stopped off the coast of the city a few days ago.

Mordashov is considered close to Russian President Vladimir Putin and was banned by the United States, Britain and the European Union after the Russian attack on Ukraine in February. Hong Kong officials have said they cannot enforce unilateral restrictions imposed by other governments. “We can’t do anything that has no legal basis,” Lee told reporters. We will abide by UN sanctions, that is our system.

Russia’s destruction continues in Ukraine, Putin’s army again rained destructive missiles, taking revenge for Crimea bridge?
America threatens Hong Kong
A US State Department spokesman said on Monday that “the use of Hong Kong soil as a safe haven by sanctioned individuals raises questions about the transparency of the business environment.” A State Department spokesperson also said the city’s reputation as a financial hub could be harmed by its “reliance on compliance with international law and standards”.

West imposed sanctions after attack on Ukraine
Significantly, the length of the Nord is 141.6 meters and it has two helipads, swimming pool and 20 cabins. Mordashov has been banned by the United States, Britain and the European Union in response to Russia’s attack on Ukraine in February. In addition to Russian leaders and officials, oligarchs with ties to them have also been included in Western sanctions and their assets abroad are being confiscated.

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