US targets Russian, Chinese firms for violating North Korea sanctions
Tehran (KNA) - The US Treasury is imposing new sanctions on companies in Russia, China and Singapore for violating North Korea sanctions.
The US government's announcement on Wednesday was part of an effort to increase economic pressure on Pyongyang.
"Treasury will continue to implement existing sanctions on North Korea, and will take action to block and designate companies, ports, and vessels that facilitate illicit shipments and provide revenue streams to the DPRK," Treasury Secretary Steven Mnuchin said in a statement. "The tactics that these entities based in China, Singapore, and Russia are using to attempt to evade sanctions are prohibited under US law, and all facets of the shipping industry have a responsibility to abide by them or expose themselves to serious risks,"
Source: PressTV