US issues sanctions targeting North Korean weapons of mass destruction programme

Published date28 May 2022
Publication titleASEAN Tribune

28 MAY 2022 (NAM News Network) WASHINGTON:, May 28 (NNN-AGENCIES) - The United States imposed sanctions on two Russian banks, a North Korean company and a person it accused of supporting North Korea's weapons of mass destruction programme, increasing pressure on Pyongyang over its renewed ballistic missile launches.

The latest American move came a day after China and Russia vetoed a US-led push to impose more United Nations sanctions on North Korea over its ballistic missile launches, publicly splitting the UN Security Council for the first time since it started punishing Pyongyang in 2006.

The vetoes came despite what the United States says was a sixth test of an intercontinental ballistic missile (ICBM) by North Korea this year and signs that Pyongyang is preparing to conduct its first nuclear test since 2017.

The US Treasury Department 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...

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