Tuesday, 25 September, 2018

South Korea says USA sanctions on North Korea will bolster United Nations resolutions

Trump to impose new sanctions on North Korea report Getty Images
Kenny Thornton | 24 February, 2018, 13:01

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.

If the sanctions don't work, we'll have to go Phase Two.

Speaking at a new conference on Friday, President Trump warned of serious consequences if the latest round of sanctions did not generate results.

The latest sanctions are created to place pressure on North Korea's economy and fuel supply - both of which are already precarious. "And we will keep standing strong until North Korea stops threatening our country, our allies or until they abandon their nuclear and ballistic missiles once and for all", Pence said.

In 2017, the OFAC said, Tsang and one of his entities, Kingly Won, attempted to engage in an oil deal valued at more than US$1 million with the Russia-based Independent Petroleum Co., which was operating in the energy industry in the North Korean economy. "We will see, but hopefully something positive can happen", Trump said. "But we'll have to see".

16 North Korean shipping companies and nine worldwide shipping companies were added to the United States sanctions' list.

Trump made the announcement in the final moments of a more than hour-long address at the Conservative Political Action Conference outside Washington.

Ivanka Trump's visit coincides with that of a sanctioned North Korean official, Kim Yong Chol, blamed for the deadly 2010 sinking of a South Korean navy ship that killed 46 sailors.

"Ivanka Trump has been briefed on this", Mnuchin said.

The Department of Treasury later revealed that sanctions were placed on 27 North Korean trading and shipping companies, 28 vessels and one individual.

Netanyahu's Confidant to Testify Against Him over Graft
Netanyahu's backers have also lashed out at police, accusing them of an overzealous campaign to topple him. His right-wing Likud party still remains supportive, but the opposition has called for him to step aside.

Trump threatened to rain "fire and fury" on North Korea and also called North Korean leader Kim Jong-un as a "Little Rocket Man", while North Korea denounced Trump as a "mentally deranged" United States dotard.

"The regime has been known to use coal export revenues to fund its weapons of mass destruction and missile programs", Treasury said in announcing the sanctions.

While the number of companies from North Korea and other nations was high, the economic impact is unclear.

North Korea is seeking to develop a nuclear-tipped missile capable of reaching the USA mainland.

"A lot of the companies working with North Korea are very small", Samore said. The government said these proposals were "aimed at shutting down North Korea's illicit maritime smuggling activities to obtain oil and sell coal".

"Even if the heavens split in two, we can not allow such a heinous criminal -who must be sliced to death - to be invited to the Olympics closing ceremony", he said.

"Through today's actions, we are putting companies and countries across the world on notice that this administration views compliance with U.S. and United Nations sanctions as a national security imperative", Mnuchin told reporters. He asked the North to make active efforts to open dialogue with the U.S.

Treasury's Office of Foreign Assets Control also sanctioned Taiwanese national Tsang Yung Yuan for his role in coordinating North Korean coal exports with a North Korean broker in Russian Federation.

The United States will continue its campaign of putting "maximum pressure" on North Korea, said the White House press secretary Saturday.

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