Sanctions Placed on Supporters of North Korea’s Missile Programs

North Korea tested nearly two dozen missiles this year.

The U.S. Treasury Department has announced the placing of sanctions against an individual, two banks, and a trading company that have supported the Democratic People’s Republic of Korea’s weapons development programs. North Korea has tested 23 ballistic missiles this year in violation of several United Nations Security Council resolutions.

“Treasury is targeting supporters of the DPRK’s WMD and ballistic missile programs, as well as foreign financial institutions that have knowingly provided significant financial services to the DPRK government,” said Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian Nelson. “The United States will continue to implement and enforce existing sanctions while urging the DPRK to return to a diplomatic path and abandon its pursuit of weapons of mass destruction and ballistic missiles.”

As the Lord Leads, Pray with Us…

  • For the president and his advisors as they address North Korea’s violations of UN resolutions.
  • For Under Secretary Nelson to seek the Lord’s wisdom as he heads his agency.
  • For officials in the State and Treasury Departments as they implement sanctions upon hostile entities.

Sources: Department of Treasury


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