US Congress adopts expanded sanctions on North Korea

Feb 14, 2016, 13:44
US Congress adopts expanded sanctions on North Korea

With the arrangement of this vessel in South Korean waters, the United States tries to "reassert its dedication to the guard of South Korea", and "send a notice message", to North Korea, the representative included.

(AP Photo/Lee Jin-man). A woman poses for a souvenir photo in front of ribbons hanging on a wire fence for the reunification of the two Koreas at the Imjingak Pavilion near the border village of Panmunjom in Paju, South Korea, Friday, Feb. 12, 2016. So...

Halting activity at the park, where 124 South Korean companies employed about 55,000 North Koreans, cuts the last significant vestige of North-South cooperation - a rare opportunity for Koreans divided by the 1950-53 war to interact on a daily basis.

The package includes sanctions targeting North Korea and "secondary sanctions" against those who do business with it.

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Seoul maintains North Korea has been using the park to fund its nuclear and missile programs.

South Korea said 70 percent of the US dollars paid as wages and fees for the suspended Kaesong industrial project, run jointly with the North, had been diverted for Pyongyang's weapons programme and luxury goods for leader Kim Jong Un.

China's state media quickly made the country's displeasure known, while Russian Federation also expressed worries about the deployment.

North Korea announced the dissolution of the committee after Japan toughened its sanctions on North Korea in protest at the firing of a long-range rocket on Sunday and a nuclear test last month, both in violation of U.N. Security Council resolutions. North Korea has previously warned of a nuclear war in the region and threatened to bolster its armed forces if the THAAD deployment occurs.

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Seoul and Washington want to deploy the system at an early date and the upcoming talks will discuss where and exactly when the deployment can be made, a South Korean defense official said, requesting anonymity because of department rules.

The zone, which sits 10 kilometres (six miles) north of the tense border, was officially shuttered Thursday after Pyongyang expelled all South Korean managers and placed the complex under military control. North Korea launched a rocket February 7, carrying what it said...

South Korea is unlikely to get back 3 trillion won (US$2.5 billion) in outstanding loans and interest payments it provided North Korea in the past with the freezing up of relations following Pyongyang's recent nuke test and long-range missile launch, observers said Saturday.

The North also said it had ordered a "complete freeze of all assets", including raw materials, products and equipment.

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