Friday, June 2, 2017

THREATS FROM NORTH KOREA: U.N. council to vote on blacklisting more North Koreans

The United Nations Security Council will vote on Friday on a US-Chinese proposal to blacklist more North Koreans after the country's repeated ballistic missile launches, according to diplomats.

The draft resolution would sanction four entities,  including the Koryo Bank and Strategic Rocket Force of the Korean People’s Army, and 14 people, including Cho Il U, who is believed to head North Korea’s overseas spying operations. If so, they would subject to a global asset freeze and travel ban, making the listings more symbolic given the isolated nature of official North Korean entities and the sophisticated network of front companies used by the Korean Peninsula to evade sanctions.

This is the first Security Council sanctions resolution on North Korea agreed between the United States and China since President Donald Trump took office in January.

Source: Reuters

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