US imposes new sanctions on North Korea after missile tests

US imposes new sanctions on North Korea after missile tests

The United States imposed new sanctions on North Korea in response to its three missile launches earlier this week. The United States would have preferred for the United Nations to impose new sanctions on North Korea, but Russia and China objected to this.

National Ports Agency / Associated Press

Penalties

For example, all US assets with the Far East Bank and Sputnik Bank, two Russian institutions accused of working with North Korea, will be frozen, Treasury reports. Transactions with these Russian banks are punishable by law.

Read also | North Korea tests missiles again

Other sanctions target Jung Yong Nam, who is said to be operating from Moscow’s ally Belarus on North Korea’s weapons program. New sanctions have been imposed on a commercial subsidiary of state airline Air Koryo, which the United States had previously sanctioned.

launch

On Wednesday, North Korea fired three ballistic missiles at short intervals towards the Sea of ​​Japan. One of them is believed to be an intercontinental ballistic missile (ICBM). This is the 17th round of missile tests conducted by North Korea this year. In addition, according to South Korean information, there are indications of an imminent new nuclear test by North Korea. North Korea’s last nuclear test was in 2017.

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