Home / Others / United States sanctions Chinese and Russian companies linked to North Korea

United States sanctions Chinese and Russian companies linked to North Korea





  Nuclear weapon of North Korea North
Korea


  • The United States announced sanctions against entities and individuals in
    China and Russia that have ties with North Korea.
  • The sanctions are aimed at curbing the situation in North Korea
    development of nuclear weapons
  • In total, nine entities, 16 people and six from the North
    Korean ships were accused of helping with weapons
    programs.

WASHINGTON (Reuters) – The United States announced new sanctions
aimed at stopping North Korea's development of nuclear weapons in
On Wednesday and urged China and Russia to expel the North Koreans
raising funds for the programs.

The US Treasury UU Imposed sanctions on nine entities, 16 people
and six North Korean ships accused of helping arms
programs. He said that two commercial enterprises based in China were involved in
exporting millions of dollars in metals and other goods
used in the production of weapons.

People included members of the Workers' Party of North Korea
operating in China, Russia and the Georgia Abkhazia getaway
region. Among them was the vice-consul of North Korea in Nakhodka,
Russia and an individual allegedly involved in the shipping of the North
Korean workers to Abkhazia.

"The Treasury continues to systematically target individuals and
entities that fund the Kim regime and its weapons programs,
including officials complicit in the evasion of sanctions from North Korea
schemes, "Treasury Secretary Steven Mnuchin said in a statement.

"The US government targets illicit actors in China,
Russia and other places that work on behalf of North Korea
financial networks, and calling for their expulsion from
territories where they reside. "

The entities sanctioned included the Ministry of Petroleum of North Korea
Oil industry

The action allows the United States to block assets held by the
individuals or businesses in the United States and prohibits the US UU
citizens to deal with them.

United States led an international campaign to narrow
sanctions on North Korea to force it to renounce the development of
nuclear weapons and missiles capable of striking the States
State.

The UN Security Council in December unanimously imposed new
sanctions on North Korea for a recent intercontinental ballistic
missile test, which seeks to further limit its access to refined
petroleum products and crude oil.

CIA director Mike Pompeo has said that North Korea is "a handful of
months "far from being able to make a nuclear attack against
U.S.

On Tuesday, he said that the focus of US President Donald Trump was on a
diplomatic solution to the crisis backed by stricter sanctions,
but the CIA was working to provide a range of other options
if that fails

The Trump administration has said that all options are on the table
including the military, and officials say that the president and his
the advisors have discussed the possibility of a limited strike. But
debate on military options has lost momentum in recent weeks
after North Korea and South Korea resumed talks before next month
Winter Olympic Games in the South.

Sanctions expert Anthony Ruggiero of the Foundation for Defense
of Democracies think tank said the Treasure move showed Trump
The policy of "maximum pressure" would continue even with the focus on
the conversations between Korea.

"The action against Chinese companies is important as it increases
the pressure on Beijing to stop Chinese citizens from
facilitating the evasion of sanctions from North Korea, "he said.

The Treasury appointed companies as Beijing Chengxing Trading Co. Ltd.
and Dandong Jinxiang Trade Co., Ltd.

A senior US official UU He said this week that despite the triumph
Recent public focus of the administration in Russia, China remained
The main culprit in North Korea punishes busting. He pointed
involvement of Chinese organized crime groups, banks and
government officials in the street selling of amphetamines, fake
Fake currency and luxury products.

While China has endorsed successive rounds of UN sanctions in
North Korea is concerned that excessive pressure could cause
collapse of a country that for a long time has considered a strategic ally.

Report by David Alexander and David Brunnstrom; Edition
by James Dalgleish and Andrea Ricci


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