|
|
US imposes sanctions on North Korean IT firms
|
|
|
|
Top Stories |
|
|
|
|
IANS | 14 Sep, 2018
The US has imposed sanctions on two North Korean-controlled information
technology (IT) companies based in China and Russia, accusing them of
moving illicit funds to Pyongyang, the media reported.
"These
actions are intended to stop the flow of illicit revenue to North Korea
from overseas information technology workers disguising their true
identities and hiding behind front companies, aliases, and third-party
nationals," Treasury Secretary Steve Mnuchin said on Thursday.
The
department designated the China-based China Silver Star, its North
Korean CEO Jong Song Hwa and its Russia-based sister company Volasys
Silver Star as such fronts, the Voice of America News reported.
The
sanctions come at a time when the US is maintaining pressure on the
North Korean government in its negotiations to denuclearize the Korean
Peninsula.
"The US will continue to fully enforce and implement
sanctions until we have achieved the final, fully verified
denuclearization of North Korea," Mnuchin said.
White House
officials have acknowledged that there has been no progress on
denuclearization, even as President Donald Trump considers a second
summit with North Korean leader Kim Jong-un.
They met face-to-face during their historic summit in June in Singapore.
On
Wednesday, the Pentagon said the US and allies are days away from
launching a new effort to more publicly expose North Korean violations
of sanctions aimed at curbing its nuclear and missile programs, defence
officials tell CNN.
The US has been using sanctions to maintain
pressure on Pyongyang to give up its nuclear weapons and ballistic
missile programme, even as it continues to engage in diplomacy.
|
|
|
|
|
|
|
|
|
|
|
|
|
Customs Exchange Rates |
Currency |
Import |
Export |
US Dollar
|
66.20
|
64.50 |
UK Pound
|
87.50
|
84.65 |
Euro
|
78.25
|
75.65 |
Japanese
Yen |
58.85 |
56.85 |
As on 13 Aug, 2022 |
|
|
Daily Poll |
|
|
PM Modi's recent US visit to redefine India-US bilateral relations |
|
|
|
|
|
Commented Stories |
|
|
|
|
|
|
|
|