Los Angeles Times

U.S. hits Chinese, Russian firms linked to North Korea

- Associated press

WASHINGTON — The Trump administra­tion imposed sanctions Wednesday on three foreign companies it says are helping North Korea with illicit shipments of goods to fund its nuclear program.

The Treasury Department said it was taking action against the companies, which are based in China, Russia and Singapore, as well as the head of the Russian firm. The move freezes any assets that they may have in U.S. jurisdicti­ons and bars Americans from doing business with them.

It comes as the U.S. continues to press for full compliance with internatio­nal sanctions against North Korea while it continues talks with the country on ending its nuclear program.

“Treasury will continue to implement existing sanctions on North Korea and will take action to block and designate companies, ports and vessels that facilitate illicit shipments and provide revenue streams to the DPRK,” Treasury Secretary Steven T. Mnuchin said, using the initials of North Korea’s official name, the Democratic People’s Republic of Korea. “Consequenc­es for violating these sanctions will remain in place until we have achieved the final, fully verified denucleari­zation of North Korea.”

Those targeted are China-based Dalian Sun Moon Star Internatio­nal Logistics Trading Co.; its Singapore-based affiliate, SINSMS Ltd.; Russia’s Profinet Ltd.; and its director general. They are accused of helping North Korea evade internatio­nal sanctions by rerouting exports and imports through Chinese and Russian ports.

The Treasury Department said the Chinese company and its Singaporea­n affiliate had used false shipping documents to export alcohol and tobacco products to North Korea in violation of internatio­nal sanctions.

It said the Russian firm and its director, Vasili Aleksandro­vich Kolchanov, provided port services at least six times to North Koreanflag­ged vessels engaged in sanctions-busting oil shipments.

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