U.S. Targets North Korea Coal Shipments with New Sanctions



Doina Chiacu | Michelle Nichols | Chizu Nomiyama | Bernadette Baum | Edmund Blair | Reuters

WASHINGTON (Reuters) – The United States has blacklisted six companies, including several based in China, and four ships accused of illicit exports of North Korean coal, the Treasury Department said on Tuesday.

The United Nations Security Council banned North Korean coal exports in 2017. The 15-member body has unanimously boosted sanctions on North Korea since 2006 in a bid to choke off funding for Pyongyang’s nuclear and ballistic missile programs.

“The DPRK (North Korea) continues to circumvent the U.N. prohibition on the exportation of coal, a key revenue generator that helps fund its weapons of mass destruction programs,” U.S. Secretary Steven Mnuchin said in a statement.

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