The Treasury Department on Thursday imposed sanctions on two Chinese companies linked to illicit cargo transfers to North Korea in violation of U.S. and U.N. sanctions.
The two companies, Dalian Haibo International Freight Co. Ltd., and Liaoning Danxing International Forwarding Co. Ltd., helped Pyongyang evade sanctions by facilitating ship-to-ship transfers of refined petroleum and other acquisitions that violate sanctions.
North Korea is covertly developing and testing nuclear arms and ballistic missiles at civilian facilities in a bid to prevent a “decapitation” military strike against its weapons plants and storage depots, according to a report by a UN panel of experts.
Additionally, the Security Council panel stated in the experts’ latest report that North Korea engaged in “massive” illegal transfers of oil and coal in violation of sanctions designed to punish Pyongyang for nuclear and missile development.
WASHINGTON (Reuters) – A U.S. Department of State official on Monday said she thinks there will be a third summit between U.S. President Donald Trump and North Korean leader Kim Jong Un, but no date has been set.
WASHINGTON (Reuters) – South Korean intelligence agencies have detected signs that North Korea is restoring part of the Dongchang-ri missile launch site it tore down, Yonhap News Agency reported on Tuesday.
President Trump should be commended for walking away from North Korean leader Kim Jong Un’s proposed nuclear deal.
SEOUL (Reuters) – In his New Year address on Tuesday, North Korean leader Kim Jong Un warned he might take a “new path” if Washington maintains sanctions amid his country’s push for economic development, but experts say it may be too late to change the trajectory of negotiations.
The Kim Jong Un regime in North Korea has ramped up the use of overseas slave labor to prop up its economy in the face of stiff sanctions, leading to what former North Korean construction official and defector Roh Hui-Chang said is “no different from a prison camp.”