The U.S. Department of the Treasury has included nine Chinese firms in its most recent round of sanctions imposed on North Korea, reports Caixin Global, which have been linked to the regime’s nuclear missile programs.
Amongst the nine Chinese firms are Shandong-based Weihair World-Shipping Freight Agency Co., and Shanghai’s Dongfeng Shipping Co.
The sanctions will mean that all U.S. parties are prohibited from dealing with the sanctioned companies, the Treasury said, and any property of such companies will be immediately blocked if in possession of U.S. parties.
“(The) Treasury is aggressively targeting all illicit avenues used by North Korea to evade sanctions, including taking decisive action to block the vessels, shipping companies, and entities across the globe that work on North Korea’s behalf,” said U.S. Treasury Secretary Steven Mnuchin.
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