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EU prolongs nuclear sanctions against North Korea for one more year

The European Union prolonged sanctions against dozens of North Korean officials and agencies for a year over Pyongyang's continued efforts to develop nuclear missiles and other weapons of mass destruc

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North Korea | European Union

AP  |  Brussels 

Kim Jong-Un, Pyongyang, North Korea

The on Thursday prolonged sanctions against dozens of North Korean officials and agencies for a year over Pyongyang's continued efforts to develop nuclear missiles and other weapons of mass destruction.

EU headquarters said in a statement that the asset freezes and travel bans involve 57 people and nine entities, which are typically companies, banks or other organizations, and will be reviewed again in a year.

It said that lasting peace and denuclearization of the Korean Peninsula must be achieved by peaceful means, and underlined that the diplomatic process must be continued as the only way towards realizing that goal.

The EU has imposed sanctions on several countries, notably Iran and Venezuela, but the measures against North Korea, which were first introduced in 2006, are its toughest.

Apart from adopting a series of UN Security Council measures, the 27-nation bloc has separately imposed sanctions aimed at financial services, trade and transport linked to weapons development in the secretive Stalinist state.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Thu, July 30 2020. 22:41 IST
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