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CCCC Company Is Owned By The Chinese Communist Party, Number One Financier Of The Russian Military - US Ambassador On Anaklia Port

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The majority of the CCCC company that the government awarded a contract to (for the Anaklia project) is owned by the Chinese Communist Party and the Chinese Communist Party is the number one financier of the Russian military today, - US Ambassador to Georgia Robin Dunnigan said in an exclusive interview given to InterPressNews.

According to her, there are also questions about the quality and standards of the company.

“On Anaklia, the majority of the CCCC company that the government awarded a contract to is owned by the Chinese Communist Party and the company is known to be affiliated with the Chinese military. The Chinese Communist Party is the number one financier of the Russian military today. So one question is - why deepen an economic tie with the party that is financing your occupier? Because the Russian military is being financed by the Chinese Communist Party. That's one question.

Then there's just a question about the quality and standards of the company in question. So CCCC does not have a good reputation globally. In 2009, the World Bank barred the bank from providing financing to infrastructure projects done by this company. Recently, the company built a port in Sri Lanka. There's a lot of controversy around this port. I don't know if you've read about it. But ultimately, the Chinese government was able to secure a 99 year lease on Sri Lankan soil and its ships, military ships, vessels can come in and out. So there's a lot of controversy about Sri Lanka giving up some of its sovereignty in a key critical infrastructure.

The United States Treasury has determined that this company is a company that is on a list of companies that have deep ties with the Communist Party's military. So there are a lot of concerns about Anaklia, of course, it is a sovereign decision, but I'm just reiterating some of the concerns that are seen globally about this particular company”, said the Ambassador.

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