United States preparing crackdown on seas

25 February, 2018, 01:27 | Author: Essie Rivera
  • US Sanctions Nine Chinese Firms for North Korea Ties

The UN Security Council has imposed three sets of sanctions on North Korea in the past year in order to deprive the reclusive state of funds for its nuclear and ballistic missile programs.

"If the sanctions don't work, we'll have to go phase two".

Still, the president expressed hope that the economic sanctions announced earlier Friday will work.

China exported barely any fuel to North Korea in January, data showed on Saturday, deepening months-long cuts in trade with its isolated neighbor amid growing tensions over Pyongyang's nuclear and missile program, Reuters reported.

The Treasury called the sanctions package unveiled Friday the "largest North Korea-related sanctions tranche to date". According to Mnuchin, there are now more than 450 USA sanctions against North Korea, about half of them in the previous year. Her trip comes less than two weeks after Kim Yo-jong, Kim Jong-un's younger sister, visited the South and largely overshadowed United States vice president Mike Pence.

US President Donald Trump, who said the measures were "the heaviest sanctions ever imposed on a country", appeared to threaten military action against North Korea if the sanctions failed.

The 28 vessels - of which 19 are North Korean-flagged - are "virtually all the ships" Pyongyang is now using for its sanctions evasion schemes, Mnuchin said.

"Through today's actions, we are putting companies and countries across the world on notice that this administration views compliance with United States and UN sanctions as a national security imperative", Mnuchin told reporters.

"The President has made it clear to companies worldwide that if they choose to help fund North Korea's nuclear ambitions, they will not do business with the United States", Mnuchin said.

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South Korea said on Friday that it approved the Winter Olympic visit by Kim Yong Chol in the pursuit of peace and asked for public understanding.

The U.N. Security Council banned North Korean exports of coal last August 5 under sanctions meant to cut off an important source of the foreign currency Pyongyang needs to fund its nuclear weapons and missile programs.

They shine a spotlight on the practices employed by the government of North Korea to falsify identifying information on ships, and hide illicit cargo, Mnuchin said. "We believe that the USA role in achieving peace on the Korean Peninsula is more important than anything, and we hope that (the U.S.) will play that role well".

"The Treasury is strongly attacking the illegal routes used by North Korea to escape sanctions", Mnuchin insisted, citing in particular deliveries of coal and oil.

"They also discussed the continued effort on the joint maximum pressure campaign against North Korea".

The US government said the targets have been supporting North Korea's efforts to smuggle oil and coal, in violation of UN Security Council resolutions.

She arrived in Korea on Friday for a four-day visit as head of a US delegation to the closing ceremony of the PyeongChang Winter Olympics, which is scheduled for Sunday.

But the new sanctions' effectiveness depends on whether they can successfully be implemented. "He's going to continue to be strong and continue to put maximum pressure on North Korea".

Sanders and Risch accompanied Ivanka Trump as a part of the USA delegation to cheer on American Olympic athletes and attend the closing ceremony on Sunday.


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