Economics
Hong Kong Rejects U.S. Warning on Ship Breaching Iran Sanctions
- Pacific Bravo en route Hong Kong, senior U.S. official says
- U.S. says accepting the ship would expose city to sanctions
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Hong Kong dismissed U.S. warnings that it could face penalties if it it does business with an oil tanker headed for the city that allegedly violated sanctions on Iran.
The city’s government has “strictly” implemented United Nations Security Council sanctions, which don’t impose “any restrictions on the export of petroleum from Iran,” a spokesperson for Hong Kong’s Commerce and Economic Development Bureau said on Wednesday in response to a question about the U.S. warning.