Syrian, Taiwanese groups sanctioned over N.K. trade
South Korea on Friday imposed financial sanctions on six Taiwanese individuals and entities and a Syrian institution over suspicions that they traded arms and gave support to North Korea.
The Taiwanese people are Tsai Hsein Tai, Su Lu-Chi and Chang Wen-Fu and the organizations are Global Interface Company Inc., Trans Merits Co. and Trans Multi Mechanics Co., the Foreign and Finance Ministries said in a statement. Syria’s Scientific Studies and Research Center was also put on the list.
Based on the country’s foreign currency transactions act, the ban took effect immediately.
The newly blacklisted entities have not been subject to sanctions levied by the U.N. Security Council. Currently 32 North Korean persons and institutions are under international bans.
The decision targets those who “indirectly support North Korea such as through arms trade,” the ministries said.
“The U.S., Japan, Australia and other countries have been imposing financial sanctions on entities from third countries with ties to North Korea’s nuclear development and weapons dealings, other than those subjected to the U.N. Security Council sanctions,” they said.
Under the measure, any South Korean individual or business must secure approval from the governor of the Bank of Korea before engaging in financial transactions with them, the agencies noted.
Violators will face up to three years in prison or a maximum of 300 million won ($270,000) in fines.
By Shin Hyon-hee (heeshin@heraldcorp.com)
-
PCB official under probe for conflict of interestOptimus CEO expresses frustration over evidence leak before trialPompeo to visit South Korea after Trump[Graphic News] Number of railroad users sinks 40% on virus impactKamala Harris’ ridiculous problem with the political press.Republican candidate in Montana accused of body slamming reporter.Barca's Koeman has list of transfer targets and departuresOptimus CEO expresses frustration over evidence leak before trial[Online Predators] Deepfake pornography haunts S. KoreaIt's time for Facebook to admit that it's a media company
下一篇:NASA rover snaps photo of its most daunting challenge yet
- ·Webb telescope discovers 6 rogue worlds. They didn't form the way you'd expect.
- ·Who will pick up the bill for Kim Jong
- ·'Dead to Me' lives, gets renewed for second season
- ·[Newsmaker] COVID
- ·Spaceship tech slashes energy usage of existing AC systems
- ·Zbigniew Brzezinski, Jimmy Carter’s national security adviser, dies at 89.
- ·Moscow invites Kim Jong
- ·Authorities investigate reports of larvae found in Jeju tap water
- ·North Korea says it conducted important test to develop multiple warhead missile
- ·[EXCLUSIVE] Two South Korean journalists will be expelled from Singapore
- ·Zbigniew Brzezinski, Jimmy Carter’s national security adviser, dies at 89.
- ·Microsoft deploys an underwater datacenter in Scotland
- ·What Ever Happened to Winamp?
- ·Top North Korean official to meet Pompeo
- ·AI developers will salivate at Amazon's DeepLens camera
- ·Amazon Prime finally launches in Australia, at half the U.S. price
- ·Nvidia GeForce Now Ultimate vs. New Graphics Card
- ·我市彩民喜中两注7星彩500万元巨奖!
- ·Elon Musk says Tesla cars could support third
- ·Apple's macOS Catalina fixes the most annoying thing about Dark Mode
- ·广东超一半的北运淡水鱼来自这里!全链发力打响“南海鱼”金字招牌
- ·More than 63,000 extra deaths caused by ultrafine dust: lawmaker
- ·Senate Republicans are pretending the AHCA simply doesn’t exist.
- ·Why Trump stopped saying “radical Islamic terrorism.”
- ·让法治建设成效更加可感可及
- ·Tesla drama: Elon Musk calls out sabotage by disgruntled employee
- ·“新丰味”喜获中国首届县域品牌擂台赛十大营销创新品牌
- ·Microsoft deploys an underwater datacenter in Scotland
- ·Amazon Prime finally launches in Australia, at half the U.S. price
- ·Bitcoin and Ethereum plummet after Coinrail hack
- ·The AI stock bubble has burst. Here's how we know.
- ·Authorities investigate reports of larvae found in Jeju tap water
- ·Are Democrats getting their hopes up in Montana’s special election for nothing?
- ·Coronavirus hits jobs for young S. Koreans hardest
- ·Naver, Kakao strive to combat deepfake porn spreading online
- ·万源市考察我市农民工工资支付保障工作