#Breaking: US sanctions Chinese, Russians over NKorea support



Image result for US sanctions Chinese, Russians over NKorea support

The US today slapped sanctions on 10 Russian and Chinese companies and six individuals for helping in advancing North Koreas missile and nuclear weapons programme by conducting business with the reclusive nation.

As a result of todays action, any property or interests in property of the designated persons in the possession or control of US persons or within the United States must be blocked, and US persons are generally prohibited from dealing with them, the US Treasury Department said in a statement.

The sanctions target third-country companies and individuals that assist already-designated persons who support North Korea?s nuclear and ballistic missile programmes, deal in the North Korean energy trade, facilitate its exportation of workers, and enable sanctioned North Korean entities to access US and international financial systems.

"Treasury will continue to increase pressure on North Korea by targeting those who support the advancement of nuclear and ballistic missile programs, and isolating them from the American financial system," said Treasury Secretary Steven T Mnuchin.

Some of the prominent companies and individuals slapped with sanctions are China-based Dandong Rich Earth Trading Co, Moscow-based Gefest-M LLC and its director, Russian national Ruben Kirakosyan and China and Hong Kong-based Mingzheng International Trading Limited.

"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," Mnuchin said.

"We are taking actions consistent with UN sanctions to show that there are consequences for defying sanctions and providing support to North Korea, and to deter this activity in the future," he said.

The Treasury also designated three Chinese coal companies collectively responsible for importing nearly half a billion dollars worth of North Korean coal between 2013 and 2016. 

PTI

Don’t Miss

Good news: India's first 5G trial conducted
Bumper jobs for teachers, Salary will be Rs 27,500
Capital Shame: Another AAP MLA embarrasses with his comments
Trump names India, China to defend his policy on climate change
Light rainfall in Chandigarh
Elections for 58 Rajya Sbabha seats..voting on March 23
War clouds?Chinese troops with US-style combat gear on Indian border
Pakistan will become a beggar, placed on terror finance watch list
Rs 20000000-corruption case, CBI arrests DM of Bihar district
Singer Papon regrets "inappropriately kissing" minor girl
Rahul Gandhi will address only-women rally
106-yr-old Kunwar no more, she sold goats to build toilets, PM had touched her feet
Madhuri Dixit celebrates Holi...PIC story
In PICS... Ranveer Singh kicks around with kids
ED whips Nirav Modi..Rs 440000000+ imported watches+ 176 almirahs seized
Karan Singh Grover Birthday Special: 5 Hot PICS with Bipasha Basu
Priyanka is setting New York on fire
Law Suit Filed against the oscar nominated movie ‘The Shape of Water’
Salman Khan and Katrina Kaif in a BIG trouble together
Ram Gopal Varma in trouble for making pornographic film with Mia Malkova?
Sushma calls on Canadian PM Justin Trudeau
Avalanche warning for some places in J&K
Salman Khan finds it TOUGH to afford
Are you 12th pass? Many jobs available for you
Kejriwal drags Amit Shah, challenges cops to question him
18-yr-old woman burnt alive in UP village
Will this warm hug thaw relations between India and Canada?
Huawei to showcase world's 1st smartphone-driven car
Himachal may get snow this weekend
Complaint filed against this Indian singer for kissing a minor girl, see video

Most Popular