US sanctions 2 Chinese firms for North Korea business

US sanctions 2 Chinese firms for North Korea business

Washington: The US has imposed sanctions on two Chinese companies that have helped North Korea evade restrictions imposed by Washington and the UN Security Council, a senior administration official said. The official told CNN on Thursday that this action should not be seen as a sign the US is ramping up economic pressure on North Korea but “as part of the continuous push to ensure that entities and countries are not taking their foot off the gas pedal”. “It is really meant to be a continuous activity of the US, and it really needs to a continuous activity of all of the UN members to maintain the integrity of the sanctions,” the official said.

During the second summit between President Donald Trump and Pyongyang’s Kim Jong-un last month in Hanoi, the North Koreans wanted the majority of sanctions lifted in return for some action on denuclearization. With these new sanctions, the Trump administration is reiterating that it will not cede to North Korea’s demands. Instead, it is reminding companies like the Chinese ones targeted on Thursday that they will not get away with any illicit activity with Pyongyang. (IANS)

Top Headlines

No stories found.
Sentinel Assam
www.sentinelassam.com