north america
US sanctions Chinese, Russian entities for conducting business with North Korea
August 23, 20174:45am
This undated picture released from North Korea's official Korean Central News Agency (KCNA) shows the launch of a ballistic rocket during a mobile drill. Picture: AFP.
AFP, News Corp Australia Network
THE United States on Tuesday slapped sanctions on 16 Chinese and Russian individuals and companies, accusing them of supporting North Korea’s nuclear program and attempting to evade US sanctions.
“It is unacceptable for individuals and companies in China, Russia, and elsewhere to enable North Korea to generate income used to develop weapons of mass destruction and destabilise the region,” Treasury Secretary Steven Mnuchin said in a statement.
US Treasury Secretary Steven Mnuchin. Picture: AFP.Source:AFP
The Treasury Department, which oversees US sanctions programs, said those targeted by the sanctions had helped people known to support the North’s nuclear and ballistic missile programs, or had traded in North Korean energy, exploited its workers or acted as a conduit to the international financial system.
READ MORE: http://www.news.com.au/world/north-america/us-sanctions-chinese-russian-entities-for-conducting-business-with-north-korea/news-story/e42d1345b99de82f0d1526160d878068
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