US imposes North Korea-related sanctions on Russian, Chinese tech firms

US Announces New North Korea Sanctions

The new sanctions target Russian-based Volasys Silver Star and China-based Yanbian Silverstar Network Technology Co, the U.S. Treasury Department said on its website.

"Also sanctioned, .is the firm's CEO, Jong Song-hwa and its Russia-based front company, Volasys Silver Star".

Russian Federation at the end of August had blocked publication of the report on the implementation of sanctions against North Korea because it disagreed with findings that Pyongyang had exceeded a 2018 import cap for oil set by the sanctions imposed previous year, a diplomatic source said last month.

"The United States will continue to fully enforce and implement sanctions until we have achieved the final, fully verified denuclearization of North Korea", Mnuchin said Thursday.

The two information technology companies are actually North Korean-controlled entities, the Treasury Department said in a statement Tuesday that accused the Russia-based company Volasys Silver Star, China-based China Silver Star and its CEO Jong Song Hwa of violating USA sanctions.

The State and Treasury departments would decide on appropriate additional sanctions to recommend and impose, he said.

The sanctions call for blocking any property or interests of the designated entities and individual within the US Both companies are being sanctioned for their alleged involvement in exporting workers from North Korea.

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It comes as the United States is redoubling efforts to pressure North Korea to give up its nuclear weapons program.

United Nations diplomats familiar with discussions said Russian Federation was angered that the panel used a lot of USA intelligence in the initial report that Moscow claimed was incorrect.

President Donald Trump met North Korean leader Kim Jong-un in June at a summit in Singapore where Kim agreed in broad terms to work toward denuclearization of the Korean peninsula.

The report, submitted to the Security Council's North Korea sanctions committee last month, said Pyongyang had not stopped its nuclear and missile programs and was violating United Nations sanctions on exports. The Security Council has to agree by consensus on whether to publish the report and the United States objected to releasing the amended document. "Period", Haley said in a statement.

Under a United Nations Security Council resolution adopted in December, UN member states are required to expel North Korean overseas workers within 24 months due to their contribution to the regime's nuclear weapons and ballistic missile programs.

Speaking on condition of anonymity, one diplomat said the amended report removed some references to Russians accused of breaching North Korea sanctions.

"The full implementation of UN Security Council resolutions remains mandatory for all member states - including Russian Federation".

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