Friday May 25, 2018
Home > News > Economy
Text:| Print|

Sany vs Obama court date postponed

2013-05-29 15:01 CNTV     Web Editor: yaolan comment

The court date of China's largest manufacturer Sany, suing US President Barack Obama for cancelling a wind farm project of the company, has been postponed from Wednesday to the 10th of July.

The Divisional Court of the District of Columbia said the court date was postponed because of a series of reasons including schedule of the judges. US President Barack Obama asked Ralls Corporation, which is a subsidiary of Sany in the US, to withdraw from a wind farm project in Oregon on security grounds.

The order, issued on the 28th of September last year, stated that the project was a risk to national security seeing as it was right next to a US Naval facility. Ralls was requested to withdraw from the site within two weeks, and withdraw all of its investments in the project within 90 days. Ralls' case rests on two grounds.

One, that the wind power project is just an ordinary commercial venture, which will not threaten US national security, and the other is to seek reasonable economic compensation for the withdrawal from the project.

 

Comments (0)

Copyright ©1999-2011 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.