North Korea hit with new US sanctions
Written by admin on December 9, 2015
The United States has imposed new sanctions on North Korea over its alleged weapons proliferation activities.
The sanctions target the North Korean army’s Strategic Rocket Force, as well as two banks and three shipping companies allegedly involved in arms trade.
The sanctions bar American citizens or companies from engaging in any transactions with the firms.
The North already faces sanctions from several other countries and the UN.
The Strategic Rocket Force is accused of performing several missile tests last year, while the shipping companies – linked to other already-sanctioned firms – are accused of transporting illicit arms.
The US Treasury also blacklisted officials of previously sanctioned North Korean Banks.
The sanctions freeze any US assets the blacklisted companies and individuals have. It is not clear how much, if any, they have in the United States.