US, partners target North Korea with sanctions following satellite launch By Reuters – Canada Boosts

US, partners target North Korea with sanctions following satellite launch

© Reuters. A bronze seal for the Division of the Treasury is proven on the U.S. Treasury constructing in Washington, U.S., January 20, 2023.  REUTERS/Kevin Lamarque/File Picture

WASHINGTON (Reuters) – America on Thursday focused North Korea with recent sanctions after its launch of a spy satellite tv for pc final week, designating foreign-based brokers it accused of facilitating sanctions evasion, together with income and know-how for its weapons of mass destruction program.

The U.S. Treasury Division in a press release mentioned it additionally slapped sanctions on cyber espionage group Kimsuky, accusing it of gathering intelligence to assist North Korea’s strategic and nuclear ambitions.

Thursday’s motion, taken in coordination with Australia, Japan and Korea, comes after North Korea final week efficiently launched its first reconnaissance satellite tv for pc, which it has mentioned was designed to observe U.S. and South Korean navy actions.

“Today’s actions by the United States, Australia, Japan, and the Republic of Korea reflect our collective commitment to contesting Pyongyang’s illicit and destabilizing activities,” Treasury’s Beneath Secretary for Terrorism and Monetary Intelligence, Brian Nelson, mentioned within the assertion.

“We will remain focused on targeting these key nodes in the DPRK’s illicit revenue generation and weapons proliferation,” Nelson added, calling North Korea by the initials of its official identify, the Democratic Folks’s Republic of Korea.

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