US sanctions North Korea's WMD program funders - Breaking The News
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US sanctions North Korea's WMD program funders

EPA-EFE/MICHAEL REYNOLDS

The United States and South Korea targeted two entities and six individuals based in China, Russia, and the United Arab Emirates, with new sanctions over financial support to North Korea's weapons of mass destruction (WMD) programs, the US Department of Treasury said in a statement on Wednesday.

South Korea sanctioned the same individuals and entities over their participation in "illicit financing and revenue generation through overseas" IT experts from North Korea.

"Today’s joint action reflects our commitment to disrupt the DPRK’s efforts to generate revenue for its illicit and destabilizing activities," Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian E. Nelson noted. "The United States, along with our South Korean partners, will continue to take action to safeguard the international financial system and prevent the DPRK [Democratic People’s Republic of Korea] from funding its illegal weapons programs," he added.

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