West News Wire: The United States sanctioned two Russian banks, a North Korean firm, and a person accused of aiding North Korea’s weapons of mass destruction programme on Friday, putting more pressure on Pyongyang over its resumed ballistic missile tests.

The latest American attempt comes a day after China and Russia vetoed a US-led push to impose additional UN sanctions on North Korea over its ballistic missile launches, visibly dividing the UN Security Council for the first time since it began penalising Pyongyang in 2006.

The vetoes occurred despite North Korea conducting its sixth intercontinental ballistic missile (ICBM) test this year, according to the US, and signals that Pyongyang is poised to perform its first nuclear test since 2017.

The US Department of the Treasury in a statement said it targeted Air Koryo Trading Corp as well as Russian financial institutions the Far Eastern Bank and Bank Sputnik for contributing to procurement and revenue generation for North Korean organisations.

Washington also designated Jong Yong Nam, a Belarus-based representative of an organisation subordinate to the North Korea Second Academy of Natural Sciences (SANS), who Washington said has supported North Korean organisations linked to the development of ballistic missiles.

North Korea’s mission to the United Nations in New York did not immediately respond to a request for comment.

“The United States will continue to implement and enforce existing sanctions while urging the DPRK (North Korea) to return to a diplomatic path and abandon its pursuit of weapons of mass destruction and ballistic missiles,” the Treasury’s undersecretary for terrorism and financial intelligence, Brian Nelson, said in the statement.

Read More
Sarah Palin’s case against New York Times is rejected by Court

China has been urging the US to take action including lifting some unilateral sanctions to entice Pyongyang to resume talks stalled since 2019, after three failed summits between North Korean leader Kim Jong Un and then President Donald Trump. The US has said Pyongyang should not be rewarded.


Please enter your comment!
Please enter your name here