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America to impose “largest-ever” package of sanctions on North Korea

US imposes largest package of sanctions against North Korea, SMH, 24 Feb 18    US President Donald Trump says the United States will impose the “largest-ever” package of sanctions on North Korea, intensifying pressure on the reclusive country to give up its nuclear and missile programmes.

In addressing the Trump administration’s biggest national security challenge, the US Treasury sanctioned one person, 27 companies and 28 ships, according to a statement posted on the US Treasury Department’s website.

The Treasury’s Office of Foreign Assets Control announced the measures, which are designed to disrupt North Korean shipping and trading companies and vessels and to further isolate Pyongyang.

The ships are located, registered or flagged in North Korea, China, Singapore, Taiwan, Hong Kong, Marshall Islands, Tanzania, Panama and Comoros.

Washington “also issued an advisory alerting the public to the significant sanctions risks to those continuing to enable shipments of goods to and from North Korea.” ……….http://www.smh.com.au/world/us-imposes-largest-package-of-sanctions-against-north-korea-20180223-p4z1jp.html

February 24, 2018 - Posted by Christina Macpherson | North Korea, politics international, USA