Home Daily Blitz U.S. Targets Chinese, Russia Entities For Helping North Korea

U.S. Targets Chinese, Russia Entities For Helping North Korea

U.S. President Donald Trump returns a salute as he steps from Marine One to board Air Force One in Morristown, New Jersey, U.S., on his way back to Washington August 20, 2017. REUTERS/Kevin Lamarque TPX IMAGES OF THE DAY

The following is an excerpt from David Brunnstorm and Doina Chiacu | August 22, 2017 | reuters.com |

WASHINGTON (Reuters) - The United States on Tuesday imposed new North Korea-related sanctions, targeting Chinese and Russian firms and individuals for supporting Pyongyang's weapons programs, but stopped short of an anticipated focus on Chinese banks.

The U.S. Treasury designated six Chinese-owned entities, one Russian, one North Korean and two based in Singapore. They included a Namibia-based subsidiary of a Chinese company and a North Korean entity operating in Namibia.

The sanctions also targeted six individuals - four Russians, one Chinese and one North Korean.

The move follows toughened United Nations sanctions agreed this month after North Korea tested its first two intercontinental ballistic missiles in July.

China reacted with irritation, saying Washington should "immediately correct its mistake" of imposing unilateral sanctions on Chinese companies and individuals to avoid damaging bilateral cooperation.

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