You are here: Home » News-IANS » Defence-Security
Business Standard

South Korea announces sanctions against North Korea

IANS  |  Seoul 

on Friday announced its standalone sanctions on the Democratic People's Republic of Korea (DPRK) over Pyongyang's fifth nuclear test.

South Korean ministries, including foreign, unification and finance ministries, announced the country's unilateral sanctions, Xinhua news reported.

This came two days after the UN Security Council adopted tougher-than-ever resolution against the DPRK on Wednesday.

The sanctions were symbolic as transactions and exchange of personnel between the two countries have been actually severed for years.

blacklisted 36 individuals and 35 entities suspected of supporting the DPRK's nuclear and missile programs.

This took the total number of blacklisted individuals to 79, and entities to 69. They would be subject to financial sanctions.

Those blacklisted included Hwang Pyong So, director of the general political bureau of the Korean People's Army, and Choe Ryong Hae, vice chairman of the central committee of the ruling Workers' Part of Korea.

The entities newly subject to the standalone sanctions are the Workers Party of Korea, the party's Central Defense Commission, the State Affairs Commission and the country's national flag carrier Air Koryo.

New sanctions were imposed by and the UN Security Council to take punitive action on the DPRK over its fifth nuclear test on September 9 that was seen as the most powerful ever.

--IANS

in/

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

RECOMMENDED FOR YOU

South Korea announces sanctions against North Korea

South Korea on Friday announced its standalone sanctions on the Democratic People's Republic of Korea (DPRK) over Pyongyang's fifth nuclear test.

on Friday announced its standalone sanctions on the Democratic People's Republic of Korea (DPRK) over Pyongyang's fifth nuclear test.

South Korean ministries, including foreign, unification and finance ministries, announced the country's unilateral sanctions, Xinhua news reported.

This came two days after the UN Security Council adopted tougher-than-ever resolution against the DPRK on Wednesday.

The sanctions were symbolic as transactions and exchange of personnel between the two countries have been actually severed for years.

blacklisted 36 individuals and 35 entities suspected of supporting the DPRK's nuclear and missile programs.

This took the total number of blacklisted individuals to 79, and entities to 69. They would be subject to financial sanctions.

Those blacklisted included Hwang Pyong So, director of the general political bureau of the Korean People's Army, and Choe Ryong Hae, vice chairman of the central committee of the ruling Workers' Part of Korea.

The entities newly subject to the standalone sanctions are the Workers Party of Korea, the party's Central Defense Commission, the State Affairs Commission and the country's national flag carrier Air Koryo.

New sanctions were imposed by and the UN Security Council to take punitive action on the DPRK over its fifth nuclear test on September 9 that was seen as the most powerful ever.

--IANS

in/

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

South Korea announces sanctions against North Korea

on Friday announced its standalone sanctions on the Democratic People's Republic of Korea (DPRK) over Pyongyang's fifth nuclear test.

South Korean ministries, including foreign, unification and finance ministries, announced the country's unilateral sanctions, Xinhua news reported.

This came two days after the UN Security Council adopted tougher-than-ever resolution against the DPRK on Wednesday.

The sanctions were symbolic as transactions and exchange of personnel between the two countries have been actually severed for years.

blacklisted 36 individuals and 35 entities suspected of supporting the DPRK's nuclear and missile programs.

This took the total number of blacklisted individuals to 79, and entities to 69. They would be subject to financial sanctions.

Those blacklisted included Hwang Pyong So, director of the general political bureau of the Korean People's Army, and Choe Ryong Hae, vice chairman of the central committee of the ruling Workers' Part of Korea.

The entities newly subject to the standalone sanctions are the Workers Party of Korea, the party's Central Defense Commission, the State Affairs Commission and the country's national flag carrier Air Koryo.

New sanctions were imposed by and the UN Security Council to take punitive action on the DPRK over its fifth nuclear test on September 9 that was seen as the most powerful ever.

--IANS

in/

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard