EU tightens sanctions against North Korea
By Ali Mustafayev
A number of new sanctions were imposed by the EU against North Korea on August 10.
"The Council has added 9 persons and 4 entities - including the state-owned Foreign Trade Bank (FTB) - to the lists of those subject to an asset freeze and travel restrictions," the EU Council said in the statement published in the EU Official Journal, TASS reports.
Thus, the EU blacklist for North Korea includes now 103 people
and 57 entities.
The move is a part of the procedure of tightening sanctions against
North Korea amid the testing of the ballistic missiles by the
Korean government on July 29 and threat of attack on the US
military base in Guam.
Last week, the UN Security Council tightened sanctions against North Korea for the missile tests carried out by the country. The document sets an export ban for a whole number of minerals and products from North Korea, including coal, iron, lead and seafood. Countries that inked such contracts with North Korea have to complete importation of purchased minerals and goods within 30 days since the document’s adoption.
The resolution also prohibits the opening of new joint ventures or expansion of existing joint ventures with North Korean firms or people. According to the document, countries in which North Korean people are working are banned from increasing their number. The document also obliges states not to allow vessels into their ports if they were reported as violating the sanctions regime by the UN Security Council’s special committee, with exception given to cases of emergency.
North Korea has defied threats of “fire and fury” from U.S. President Donald Trump, deriding his warning as a “load of nonsense” and announcing a detailed plan to launch missiles on Guam Island as a response to its joint military exercises with Japan and South Korea and EU Sanctions which Pyongyang defines as the intention of the US.
The United States and South Korea remain technically still at war with North Korea after the 1950-53 Korean conflict ended with a truce, not a peace treaty. North Korea regularly threatens to destroy the United States and ignores the international community’s pretensions regarding violation of human rights and its nuclear power programs for many years.
---
Follow us on Twitter @AzerNewsAz