US Sanctions Russian, Chinese Tech Firms over Funds for N Korea

Clay Curtis
September 16, 2018

Thursday, September 13, the U.S. imposed new sanctions against the DPRK, under the restrictions were Russian and Chinese firms of cooperating with the North Korean regime.

The U.S. announced new sanctions against North Korea Thursday, targeting two companies in China and Russian Federation and a North Korean individual.

Mnuchin warned companies across the globe "to take precautions to ensure that they are not unwittingly employing North Korean workers for technology projects".

The announcement highlighted findings of the UN Security Council that revenue generated from overseas North Korean businesses contributes to the country's nuclear and ballistic missile programs.

The department claims the companies are fronts for the North Korean government.

A North Korean national, Song Hwa Jong, was also sanctioned, it said.

Amid such reporting, President Trump has suggested repeatedly, in interviews and via twitter, that China has been relaxing its enforcement of sanctions enacted before his summit with Kim.

The report, submitted to the Security Council's North Korea sanctions committee last month, said Pyongyang had not stopped its nuclear and missile programs and was violating United Nations sanctions on exports.

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"We're disappointed in the panel for caving to Russian pressure and making changes to what should be an independent report", Haley added, noting that it was a "dangerous precedent".

Russian Federation at the end of August had blocked publication of the report on the implementation of sanctions against North Korea because it disagreed with findings that Pyongyang had exceeded a 2018 import cap for oil set by the sanctions imposed a year ago, a diplomatic source said last month.

White House officials have acknowledged that there has been no progress on denuclearization, even as President Donald Trump considers a second summit with North Korean leader Kim Jong-un.

Russian Federation argued the report filed to take into consideration Moscow's own analysis of the sanctions and that it had relied too heavily on intelligence from the US.

"The full implementation of UN Security Council resolutions remains mandatory for all member states - including Russian Federation".

Meanwhile, South Korea's foreign ministry said that the latest USA sanctions appear to reflect Washington's belief that both sanctions and dialogue are important in achieving the complete denuclearization of the Korean Peninsula. "Period", Haley said in a statement.

September 6, the US Treasury imposed sanctions against North Korean companies and citizens of the DPRK for conducting cyber attacks.

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