South Korea announces new sanctions against Pyongyang

Updated:7 years, 11 months ago

New Delhi, Nov 06 (ANI): Seoul has become firmer on Pyongyang, just a day before Donald Trump touches down in South Korea. South Korea has hit 18 North Koreans linked to the banking sector with unilateral sanctions. This bars them from financial transactions with anyone in the South as part of international efforts to dry up the secretive country's illegal cash flows. Trump will arrive in Seoul on Tuesday to deal with North Korea which is a key focus of his visit to Asia. He is expected to speak at length about the county's nuclear weapons program during this visit. The new sanctions passed by S. Korea are seen as largely symbolic, although government officials deny their link to Trump's visit. Either way, the sanctions will ultimately have almost no impact to Pyongyang's illegal activities considering that all trade and financial exchanges have been barred since early 2010 after a South Korean warship was torpedoed by North Korea.

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South Korea announces new sanctions against Pyongyang

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