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U.S. imposes sanctions on Chinese, Russian firms over North Korea

All papers ran front- or inside-page reports on the Treasury Department’s announcement on Tuesday that it has imposed sanctions on ten entities and six individuals mainly from China and Russia for supporting North Korea’s nuclear and missile programs. This is the largest number of entities and individuals ever sanctioned over North Korean by the U.S. government. The paper wrote that the Trump administration has been stepping up its pressure on Pyongyang and imposed sanctions on firms involved in the coal and oil trade and the dispatch of workers to foreign nations. The paper also wrote that the USG has asked the GOJ to act in concert with it and Tokyo has agreed to impose similar sanctions. Treasury Secretary Mnuchin said in a statement: “Treasury will continue to increase pressure on North Korea by targeting those who support the advancement of nuclear and ballistic missile programs, and isolating them from the American financial system. It is unacceptable for individuals and companies in China, Russia, and elsewhere to enable North Korea to generate income used to develop weapons of mass destruction and destabilize the region.”

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