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Article

23 Nov 2020

Author:
Men Kimseng, VOA

Cambodia: US Treasury Dept. claims imposing sanctions on Chinese development company UDG is effective & appropriate for improving human rights

"US Optimistic Economic Sanctions Hurting Chinese Company in Cambodia", 21 November 2020

The U.S. Treasury Department says the economic sanctions imposed under the Global Magnitsky Human Rights Accountability Act on a Chinese development company operating in Cambodia and its Cambodian liaison are an “effective and appropriate tool” for improving human rights and democracy.

…, the Treasury Department imposed sanctions on a Chinese state-owned company, Union Development Group (UDG), that operates in Cambodia. The U.S. cited UDG for seizing land and displacing families to make way for a $3.8 billion luxury gambling and lifestyle project in unspoiled Koh Kong province.

UDG operates under a parent company, Tianjin Union Development Group. UDG says the Cambodian project is part of Beijing’s global Belt and Road infrastructure initiative.

… The U.S. Treasury’s Office of Foreign Assets Control (OFAC) designated UDG as a Chinese state-owned entity and alleged that UDG operated as a Cambodian entity under the aegis of Royal Cambodian Armed Forces Gen. Kun Kim, a close ally of Cambodia’s Prime Minister Hun Sen. The general allegedly used the military’s right to seize land for its needs to move local people off the land UDG wanted for its resort project.

… Scott Johnston, an associate attorney for human rights accountability at Human Rights First in Washington said, “It's not uncommon to see voluntary compliance where other foreign companies in banking also choose to comply” with the U.S. Magnitsky sanctions…

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