Tuesday, August 11, 2009
North Korea Watch: The Financial Noose
The U.S. government is imposing financial sanctions on a North Korean company believed to be aiding in its missile development program, the AP reports.
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The Treasury Department's action covers Korea Hyoksin Trading Corp. It means any bank accounts of other financial assets found in the United States that belong to the company must be frozen. Americans also are forbidden from doing business with the firm.
Read the rest here.
Labels: north korea
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