US Sanctions Russian, Chinese Firms for Helping N.Korea Militarize

US Sanctions Russian, Chinese Firms for Helping N.Korea Militarize

On Tuesday, the US Department of the Treasury's Office of Foreign Assets Control introduced new sanctions against 10 entities, including Chinese ones, for violating UN Security Council (UNSC) resolutions on North Korea.

Vincent Brooks, commander of U.S. Forces Korea, says the allies should continue the war games until they "have reason not to".

"We need to see more on their part but I want to it acknowledge the steps they have taken thus far".

The U.S. should never forget that North Korea is watching its moves closely with "fingers on triggers, ready to pour a fire shower of penalties at any time", according to KCNA. He did, however, insist the United States "need to see more on their part" before talks were possible.

Days ago, North Korea warned that the recent military drills between the US and South Korea could lead to an "uncontrollable phase of a nuclear war".

The presence of the three senior officers comes after North Korea test-launched two intercontinental ballistic missiles (ICBMs) last month, and then threatened to fire missiles towards Guam, home to 163,000 people and two key USA military bases.

While North Korea has not conducted a missile launch since the United Nations action, Mr Kim has pushed ahead with developing his nuclear programme.

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Kim's visit to the institute comes after weeks of heightened tensions between North Korea and the United States following Pyongyang's two successful ICBM tests in July.

President Donald Trump said North Korean leader Kim Jong Un is beginning to respect the United States, the latest comments that suggest his administration is moving closer to seeking talks over Pyongyang's nuclear arsenal.

Just before Tillerson alluded to the existence of a carrot to tempt North Korea, however, the US Treasury brandished its stick.

Among the other entities referred to include the companies in Dandong Rich Earth Trade, based in China, and Gefest-M, based in Moscow, who would have bought raw materials (vanadium, metals), and also for the benefit of businesses related to the military programs in north korea.

The Treasury also alleged that three Chinese companies - Dandong Zhicheng Metallic Materials, JinHou International Holding and Dandong Tianfu Trade - had collectively imported almost a half billion dollars' worth of North Korean coal between 2013 and 2016.

North Korea's military warned that it would launch an unspecified "merciless retaliation and unsparing punishment" on the USA over the drills that will last 11 days in total.

"The sanctions target a range of North Korea's illicit activities and the focus on Chinese facilitators is another message to Beijing", Anthony Ruggiero, a Foundation for Defense of Democracies senior fellow and former US Treasury official, told the Reuters news agency.

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