China tipped to seek sanctions relief for shipping company
Request to be made at high-level trade negotiations in Washington, insiders say
Beijing/Singapore — China plans to ask the US to lift sanctions on its biggest shipping company at high-level trade negotiations in Washington this week, people familiar with the matter said.
Officials plan to raise the issue of penalties against the Dalian units of China Cosco Shipping, which the US accuses of knowingly violating restrictions on carrying Iranian petroleum, said the people, who asked not to be identified discussing a private matter. Four other Chinese entities were also sanctioned last month along with Cosco. The people did not say if the Chinese delegation planned to seek relief for those companies...
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