Weekend Argus (Sunday Edition)

N Korea sanctions


WASHINGTON: The US has sanctioned 55 companies and vessels and one person connected to North Korea, its Treasury Department said.

Eighteen of the shipping companies and vessels were either used to export coal from North Korea or used in ship-to-ship transfers of petroleum products prohibited by UN sanctions.

The Treasury Department’s Office of Foreign Assets Control issued a global shipping advisory with informatio­n about North Korea’s deceptive shipping practices, as well as an alert about the potential of sanctions against those who enable the shipment of goods to or from North Korea.

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