US Sanctions N Korean, Chinese Firms Aiding Pyongyang

Washington: The United States slapped new sanctions on North Korean and Chinese firms and individuals that it said support the Pyongyang regime of Kim Jong-Un and his nuclear weapons program.

The list issued by the US Treasury included representatives of North Korean companies and banks mostly based in China and Russia, North Korean shipping companies and six specific vessels, and two Chinese trading firms.

"Treasury continues to systematically target individuals and entities financing the Kim regime and its weapons programs, including officials complicit in North Korean sanctions evasion schemes," Treasury Secretary Steve Mnuchin said in a statement.