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White House says it isn’t lobbying against bill on China’s Uyghurs

The Arab News reported according to Reuters that the White House said on Friday, President Joe Biden’s administration is not lobbying against a US bill that would ban some Chinese imports over concern about forced labor among Uyghurs, which Republicans have accused Democrats of stalling.
The bill’s sponsor, congressman Jim McGovern, told reporters on Thursday, the Uyghur Forced Labor Prevention Act, which would ban imports from China’s Xinjiang region, is set to be considered by the House of Representatives as soon as next week.
White House spokeswoman Jen Psaki responded to a Washington Post report that suggested the Biden administration was telling lawmakers to slow the bill down while the White House pursues a more targeted approach, rather than a blanket ban on goods from the region, and support from other countries.

The Post article said Biden administration sources had confirmed that in an October call between Deputy Secretary of State Wendy Sherman and Democratic Senator Jeff Merkley, a co-sponsor of the bill, Sherman made it clear the administration preferred such an approach.
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It said she told Merkley that getting buy-in of allies was critical and more effective than unilateral action.
Sherman was asked at a Brookings Institution event with the chief of the European Union’s diplomatic service on Friday whether the administration supported a bill banning goods from Xinjiang on the assumption they were tainted by forced labor.
She replied, referring to Secretary of State Antony Blinken: “Secretary Blinken, very early on, and I have as well, have called what has occurred in Xinjiang genocide."
She said.: “We are quite concerned, and remain concerned, about the horrific human rights abuses that have taken place. And the particular amendment that you’re discussing, the administration does not oppose this amendment."
“We need to stand in solidarity with the Uyghurs, with religious minorities all over the world, to make sure that they can live in security and dignity.”
Merkley’s office did not immediately respond to a request for comment on the Washington Post report and Sherman’s remarks.
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Republicans have accused Biden’s Democrats of stalling the legislation because it would complicate the president’s renewable energy agenda, which requires Chinese cooperation. The Democrats deny this.
If the Uyghur measure becomes law, the sponsors have said it would create a “rebuttable presumption” that all goods from Xinjiang, where the Chinese government has set up a vast network of detention camps for Uyghurs and other Muslims, were made with forced labor.
China denies abuses in Xinjiang, which supplies much of the world’s materials for solar panels, but the US government and many rights groups say Beijing is carrying out genocide there.
Republican Senator Marco Rubio has been demanding that the measure be included as an amendment to the National Defense Authorization Act, delaying the Senate’s consideration of the massive annual bill setting policy for the Pentagon.
Source: arabnews
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BENEFIT AGM approves 10%...
- March 27, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, held its Annual General Meeting (AGM) at the company’s headquarters in the Seef District.
During the meeting, shareholders approved all items listed on the agenda, including the ratification of the minutes of the previous AGM held on 26 March 2024. The session reviewed and approved the Board’s Annual Report on the company’s activities and financial performance for the fiscal year ended 31 December 2024, and the shareholders expressed their satisfaction with the company’s operational and financial results during the reporting period.
The meeting also reviewed the Independent External Auditor’s Report on the company’s consolidated financial statements for the year ended 31 December 2024. Subsequently, the shareholders approved the audited financial statements for the fiscal year. Based on the Board’s recommendation, the shareholders approved the distribution of a cash dividend equivalent to 10% of the paid-up share capital.
Furthermore, the shareholders endorsed the allocation of a total amount of BD 172,500 as remuneration to the members of the Board for the year ended 31 December 2024, subject to prior clearance by related authorities.
The extension of the current composition of the Board was approved, which includes ten members and one CBB observer, for a further six-month term, expiring in September 2025, pending no objection from the CBB.
The meeting reviewed and approved the Corporate Governance Report for 2024, which affirmed the company’s full compliance with the corporate governance directives issued by the CBB and other applicable regulatory frameworks. The AGM absolved the Board Members of liability for any of their actions during the year ending on 31st December 2024, in accordance with the Commercial Companies Law.
In alignment with regulatory requirements, the session approved the reappointment of Ernst & Young (EY) as the company’s External Auditors for the fiscal year 2025, covering both the parent company and its subsidiaries—Sinnad and Bahrain FinTech Bay. The Board was authorised to determine the external auditors’ professional fees, subject to approval from the CBB, and the meeting concluded with a discussion of any additional issues as per Article (207) of the Commercial Companies Law.
Speaking on the company’s performance, Mr. Mohamed Al Bastaki, Chairman BENEFIT , stated: “In terms of the financial results for 2024, I am pleased to say that the year gone by has also been proved to be a success in delivering tangible results. Growth rate for 2024 was 19 per cent. Revenue for the year was BD 17 M (US$ 45.3 Million) and net profit was 2 Million ($ 5.3 Million).
Mr. Al Bastaki also announced that the Board had formally adopted a new three-year strategic roadmap to commence in 2025. The strategy encompasses a phased international expansion, optimisation of internal operations, enhanced revenue diversification, long-term sustainability initiatives, and the advancement of innovation and digital transformation initiatives across all service lines.
“I extend my sincere appreciation to the CBB for its continued support of BENEFIT and its pivotal role in fostering a stable and progressive regulatory environment for the Kingdom’s banking and financial sector—an environment that has significantly reinforced Bahrain’s standing as a leading financial hub in the region,” said Mr. Al Bastaki. “I would also like to thank our partner banks and valued customers for their trust, and our shareholders for their ongoing encouragement. The achievements of 2024 set a strong precedent, and I am confident they will serve as a foundation for yet another successful and impactful year ahead.”
Chief Executive of BENEFIT; Mr. Abdulwahed AlJanahi commented, “The year 2024 represented another pivotal chapter in BENEFIT ’s evolution. We achieved substantial progress in advancing our digital strategy across multiple sectors, while reinforcing our long-term commitment to the development of Bahrain’s financial services and payments landscape. Throughout the year, we remained firmly aligned with our objective of delivering measurable value to our shareholders, strategic partners, and customers. At the same time, we continued to play an active role in enabling Bahrain’s digital economy by introducing innovative solutions and service enhancements that directly address market needs and future opportunities.”
Mr. AlJanahi affirmed that BENEFIT has successfully developed a robust and well-integrated payment network that connects individuals and businesses across Bahrain, accelerating the adoption of emerging technologies in the banking and financial services sector and reinforcing Bahrain’s position as a growing fintech hub, and added, “Our achievements of the past year reflect a long-term vision to establish a resilient electronic payment infrastructure that supports the Kingdom’s digital economy. Key developments in 2024 included the implementation of central authentication for open banking via BENEFIT Pay”
Mr. AlJanahi concluded by thanking the Board for its strategic direction, the company’s staff for their continued dedication, and the Central Bank of Bahrain, member banks, and shareholders for their valuable partnership and confidence in the company’s long-term vision.
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