Published: Sun, February 25, 2018
Global | By Craig Ferguson

U.S. asks United Nations to blacklist North Korean entities for smuggling

U.S. asks United Nations to blacklist North Korean entities for smuggling

US Vice President Mike Pence had hinted at such a sanctions package two weeks ago during a stop in Tokyo that preceded his visit to South Korea for the Pyeongchang Olympics.

It has been more than two months since North Korea's last missile test.

"The entire United States is within range of our nuclear weapons, and a nuclear button is always on my desk".

"We are releasing new imagery of the deceptive shipping practices used by those who aid and profit from illicit trade with North Korea". Moreover, they did so despite UN Security Council Resolution 2375, section 11 of which prohibits ship-to-ship transfers of goods bound for North Korea.

The Department of the Treasury is taking action to cut off the sources of revenue that sustain the country's militant activities.The latest batch of sanctions is a continuation of the maximum pressure campaign against the North Korean regime.

Chinese and North Korean vessels were spotted carrying out ship-to-ship transfers of oil just two days ago. We will continue to look at them like everyone else.

"We believe that a major part of corporate taxes are borne by the workers", Mr Mnuchin said. "We will see", he hoped.

In Taipei, Taiwan's Ministry of Foreign Affairs (MOFA) issued a statement late Friday night reiterating that the government will work closely with the worldwide community to sanction North Korea, while keeping close contacts with Washington on the matter. The North Koreans would still conduct illicit trade by using third country banks.

"I've known the Prime Minister a very long time, he's trying to focus on a very similar take on economic agenda to what we've done", Mr Mnuchin said. "Maybe very, very unfortunate for the world", Trump told the reporters.

Most of the named ships and companies were based in North Korea but some are based in China, Singapore, Taiwan, Panama, Tanzania, the Marshall Islands and Comoros. That appeared to be the most companies or individuals designated by the a single time.

The administration called the new sanctions the largest set of sanctions imposed on the rogue state that has been the target of multiple United Nations sanctions over the past several decades in a bid to curb its nuclear weapons and missile programs.

Mnuchin said the sanctions shine a spotlight on the practices employed by the government of North Korea to falsify identifying information on ships, and hide illicit cargo.

Mnuchin said the sanctions were against 27 entities, 28 vessels and one individual, totalling 56 designations. In one example, the sanctioned DPRK-flagged tanker Kum Un San 3 was spotted December 6 bearing the IMO number of a Chinese freighter and a name that does not correspond to any registered vessel.

As a result of the sanctions, any property or interests in property of the designated persons in the possession or control of U.S. persons or those within the U.S. must be blocked, and U.S. persons are prohibited from dealing with any of the designated parties, said the U.S. Treasury.

Like this: