After failed UN vote, US slaps new sanctions on North Korea-linked entities | NK News
NK News Logo
November 23, 2024
NK News is hiring
News

After failed UN vote, US slaps new sanctions on North Korea-linked entities

Unilateral designations target DPRK official linked to weapons programs, two banks and trading company

The U.S. designated one individual and three entities accused of aiding North Korea’s weapons programs on Friday, one day after the U.N. failed to place additional sanctions on Pyongyang for a series of long-range missile tests.

In a press release announcing the designations, an official from the Treasury Department’s Office of Foreign Assets Control (OFAC) said the government was targeting “supporters of the DPRK’s WMD and ballistic missile programs, as well as foreign financial institutions that have knowingly provided significant financial services to the DPRK.”

Become a member for less
than $5.75 per week.

  • Unlimited access to all of NK News: reporting, investigations, analysis
  • The NK News Daily Update, an email newsletter to keep you in the loop
  • Searchable archive of all content, photo galleries, special columns
  • Contact NK News reporters with tips or requests for reporting
Get unlimited access to all NK News content, including original reporting, investigations, and analyses by our team of DPRK experts.
Subscribe now

All major cards accepted. No commitments – you can cancel any time.