US Sanctions Chinese Network for Aiding North Korea's Missile Programs
Treasury targets six individuals and five firms for violating UN resolutions by supplying materials for ballistic and space technologies.
- The sanctions aim to disrupt North Korea's procurement network for missile and space programs.
- Key individuals sanctioned include Chinese nationals Shi Qianpei and Chen Tianxin.
- Affected companies are involved in the supply of metal sheets and other materials critical for missile production.
- The US Treasury emphasizes the destabilizing impact of North Korea's missile development on regional and global security.
- This is the second wave of sanctions in just over a month against entities linked to North Korea's missile activities.