Contents tagged with Pyongyang
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The US accuses two Russian ports of violating sanctions against North Korea
The Office of Foreign Assets Control (OFAC) of the US Department of the Treasury stated that they suspect two Russian ports in Vladivostok and Nakhodka of violating the sanctions regime established by the UN Security Council against North Korea.
According to the U.S. Treasury, vessels that participated in the transshipment of oil and coal to North Korean tankers visited Vladivostok and Nakhodka ports.
In addition to the two Russian ports, this scheme also involved four ports in China, four in …
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US Treasury Department imposes sanctions against Russian bank
On Friday, the US Treasury Department imposed sanctions on a Russian bank, saying that the bank helped North Korea to circumvent the United Nations bans on the nuclear and missile programs of Pyongyang.
According to the US Department of Treasury, “Moscow’s Agrosoyuz Commercial Bank facilitated a significant transaction on behalf of an individual designated for weapons of mass destruction-related activities in connection with North Korea”.
The US Treasury’s press release states that the …