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U.S. and South Korea Impose New Sanctions on North Korea

The sanctions target six individuals and two entities involved in North Korea's weapons programs.

Overview

  • The United States and South Korea have imposed sanctions on six individuals and two entities accused of supporting North Korea's weapons programs.
  • The sanctions target individuals and entities in Russia, China, and the United Arab Emirates, aiming to disrupt financial networks that fund North Korea's illicit activities.
  • Among the sanctioned are representatives of North Korean banks and companies employing North Korean IT workers abroad, involved in schemes to evade sanctions and finance weapons programs.
  • The joint action reflects a commitment to disrupt North Korea's revenue generation for its destabilizing activities, including its unlawful WMD and ballistic missile programs.
  • The new sanctions come amid efforts to counter North Korea's oil smuggling operations and its growing relationship with Russia.

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