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The Trump Administration has announced its latest sanctions against North Korea for its
missile and nuclear provocations.
The new measures have raised eyebrows as they're more far-reaching than anticipated, even...
targeting Russian entities with ties to the North.
Park Jong-hong has this report.
U.S. sanctions against North Korea just got a lot sterner.
The Treasury Department is targeting four individuals, including one Russian national,
as well as ten entities which include North Korea's State Affairs Commission, the Korean
People's Army and the Ministry of People's Armed Forces.
The department said the actions target North Korea's military, nuclear, and missile programs,
its revenue from labor, coal, and minerals, as well as its overseas financial operations.
What's noteworthy is a key blacklisted entity the State Affairs Commission which is North
Korea's highest office dubbed by the U.S. as the "new supreme policy guidance organ".
John Smith, director of the Treasury's Office of Foreign Asset Control said his department
is working with allies to counter networks that help fund North Korea's destabilizing
activities.
Three Russian firms and one Russian individual were also sanctioned.
Moscow-based Ardis-Bearings LLC and its director, Igor Aleksandrovich Michurin, were sanctioned
for supporting a North Korean company accused of proliferating weapons of mass destruction.
This comes as the U.S. and China are expected to seek a new UN Security Council resolution
against North Korea.
It aims to blacklist more North Koreans and entities to choke off money going into Pyongyang's
nuclear and missile programs.
Reuters quoted an unnamed source as saying the Security Council could hold a vote on
a draft resolution as early as Friday.
Park Jong-hong
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