America
US imposes sanctions on 5 N.Korean entities over recent ICBM tests
Washington, April 2
The US on Friday imposed fresh sanctions on five North Korean entities involved in the North's recent missile tests that included its first intercontinental ballistic missile (ICBM) launch in over four years.
The five entities include the North's Ministry of Rocket Industry (MoRI), Yonhap news agency reported, citing the Department of the Treasury.
"Today's action targets a DPRK WMD research and development organisation that is directly linked to the development of new ICBMs, along with four of its revenue-generating subsidiaries," the department said in a press release.
DPRK stands for the North's official name, the Democratic People's Republic of Korea.
North Korea launched an apparent ICBM last Thursday, ending its self-imposed moratorium on long-range missile testing that had been in place since November 2017.
The treasury department noted two North Korean missile tests, staged February 27 and March 5, had also been related to testing a new ICBM system, as earlier identified by the US intelligence community.
"The DPRK's provocative ballistic missile tests represent a clear threat to regional and global security and are in blatant violation of UN Security Council resolutions," Treasury Secretary Janet Yellen said, according to the treasury department.
The five entities added to the Office of Foreign Assets Control's list include four subsidiaries of the North Korean rocket industry ministry. They are Hapjanggang Trading Corporation, Korea Rounsan Trading Corporation, Sungnisan Trading Corporation and Unchon Trading Corporation.
"These trading companies have pursued various activities likely aimed at generating revenue for MoRI," said the press release, adding that such activities included establishing joint ventures in North Korea, pursuing large-scale projects with Chinese firms and exporting North Korean labor.
13 hours ago
U.S. forces withdraw 17 of 20 American medical personnel from Gaza
13 hours ago
Beijing responds to US warnings about its assistance for Russia by claiming military collusion with Taipei.
13 hours ago
Coalition unites in fight against hate crimes; Hindu American Foundation joins
13 hours ago
Sanket Jayshukh Bulsara, an Indian-American, has been confirmed as a district judge by Senator Schumer.
13 hours ago
Nature lovers are invited by the Indian mission in New York to visit Chilika Lake in Odisha.
14 hours ago
White House Praises India’s Vibrant Democracy Amid Recent Diplomatic Dialogue
14 hours ago
'Taarak Mehta' star Deepti Sadhwani shines in thigh-high slit gold sequin gown at Cannes
14 hours ago
Janhvi Kapoor showers praise on 'Superstar Singer 3' contestant's 'Tumse Milke Dil Ka' act
14 hours ago
Farah Khan reveals her children are huge fans of 'Chhota Bheem'
14 hours ago
Cotton t-shirts, shorts, sneakers are Pooja Hegde's summer choices
14 hours ago
Puneet Issar took help of his son for shooting virtually from Seattle for 'Vanshaj'
14 hours ago
Influencer Aastha Shah flaunts her vitiligo on Cannes red carpet
14 hours ago
India to contribute about 30 pc of global GDP growth between 2035-2040: Amitabh Kant