korea: The United States will continue to enforce UN and US sanctions and shut down illicit revenue streams to North Korea, Treasury Secretary Steven Mnuchin said in a statement, according to CNN. Our sanctions will remain in place until we have achieved the final, fully-verified denuclearization of North Korea. The latest action taken by the Treasury Department also targets one individual and two front companies for facilitating illicit North Korean financial activity. Trump to Kim Thanks and see you soon Russia's Agrosoyuz Commercial Bank was targeted by Treasury for aiding transactions on behalf of Han Jang Su, the Moscow-based chief representative of Foreign Trade Bank, North Korea's primary foreign exchange bank. Both Su and FTB had been previously designated for sanctions by the US. Su was also separately designated by the United Nations. The US government also imposed sanctions against the FTB's deputy representative, Ri Jong Won.
(news.financializer.com). As
reported in the news.
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