AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 128.01 Decreased By ▼ -1.52 (-1.17%)
BOP 6.71 Increased By ▲ 0.03 (0.45%)
CNERGY 4.45 Decreased By ▼ -0.18 (-3.89%)
DCL 8.62 Decreased By ▼ -0.32 (-3.58%)
DFML 40.50 Decreased By ▼ -1.19 (-2.85%)
DGKC 80.00 Decreased By ▼ -3.77 (-4.5%)
FCCL 32.73 Decreased By ▼ -0.04 (-0.12%)
FFBL 74.30 Decreased By ▼ -1.17 (-1.55%)
FFL 11.50 Increased By ▲ 0.03 (0.26%)
HUBC 109.20 Decreased By ▼ -1.35 (-1.22%)
HUMNL 13.80 Decreased By ▼ -0.76 (-5.22%)
KEL 5.34 Decreased By ▼ -0.05 (-0.93%)
KOSM 7.90 Decreased By ▼ -0.50 (-5.95%)
MLCF 38.60 Decreased By ▼ -1.19 (-2.99%)
NBP 62.70 Increased By ▲ 2.41 (4%)
OGDC 195.00 Decreased By ▼ -4.66 (-2.33%)
PAEL 25.71 Decreased By ▼ -0.94 (-3.53%)
PIBTL 7.36 Decreased By ▼ -0.30 (-3.92%)
PPL 155.50 Decreased By ▼ -2.42 (-1.53%)
PRL 25.65 Decreased By ▼ -1.08 (-4.04%)
PTC 17.13 Decreased By ▼ -1.33 (-7.2%)
SEARL 78.00 Decreased By ▼ -4.44 (-5.39%)
TELE 7.80 Decreased By ▼ -0.51 (-6.14%)
TOMCL 33.20 Decreased By ▼ -1.31 (-3.8%)
TPLP 8.35 Decreased By ▼ -0.71 (-7.84%)
TREET 16.51 Decreased By ▼ -0.96 (-5.5%)
TRG 57.50 Decreased By ▼ -3.82 (-6.23%)
UNITY 27.50 Increased By ▲ 0.07 (0.26%)
WTL 1.42 Increased By ▲ 0.04 (2.9%)
BR100 10,497 Increased By 90.3 (0.87%)
BR30 31,350 Decreased By -362.9 (-1.14%)
KSE100 97,549 Increased By 220.5 (0.23%)
KSE30 30,374 Increased By 181.4 (0.6%)

WASHINGTON: The United States on Friday imposed sanctions on two Russian banks, a North Korean company and a person it accused of supporting North Korea's weapons of mass destruction program, increasing pressure on Pyongyang over its renewed ballistic missile launches.

The latest American move came a day after China and Russia vetoed a US-led push to impose more United Nations sanctions on North Korea over its ballistic missile launches, publicly splitting the U.N. Security Council for the first time since it started punishing Pyongyang in 2006.

China, Russia veto U.S. push for more U.N. sanctions on North Korea

The vetoes came despite what the United States says was a sixth test of an intercontinental ballistic missile (ICBM) by North Korea this year and signs that Pyongyang is preparing to conduct its first nuclear test since 2017.

The US Treasury Department in a statement said it targeted Air Koryo Trading Corp as well as Russian financial institutions the Far Eastern Bank and Bank Sputnik for contributing to procurement and revenue generation for North Korean organizations.

North Korea fires 3 ballistic missiles after reporting COVID outbreak

Washington also designated Jong Yong Nam, a Belarus-based representative of an organization subordinate to the North Korea Second Academy of Natural Sciences (SANS), who Washington said has supported North Korean organizations linked to the development of ballistic missiles.

North Korea’s mission to the United Nations in New York did not immediately respond to a request for comment.

"The United States will continue to implement and enforce existing sanctions while urging the DPRK (North Korea) to return to a diplomatic path and abandon its pursuit of weapons of mass destruction and ballistic missiles," the Treasury's Under Secretary for Terrorism and Financial Intelligence, Brian Nelson, said in the statement.

North Korea fires likely submarine-launched ballistic missile, South Korea, Japan say

China has been urging the United States to take action - including lifting some unilateral sanctions - to entice Pyongyang to resume talks stalled since 2019, after three failed summits between North Korean leader Kim Jong Un and then-US President Donald Trump. The United States has said Pyongyang should not be rewarded.

Comments

Comments are closed.