About the Author
Ha-young Choi
Ha-young Choi was an NK News correspondent based in Seoul. She studied Korean history, mainly focusing on modern Korean history at Korea University. Follow her on twitter @Hy_Choi0826
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News U.S. Congress passes bill for stronger sanctions against PyongyangChina, S. Korea’s involvement makes the complete secondary boycott difficult
The U.S. Congress passed legislation to step up sanctions against North Korea on Tuesday, following a strong vote for a measure that would primarily target foreign companies. The H.R. 757 legislation, which received support from both sides of the house, focuses on companies and individuals that facilitate the transfer of financial and non-financial resources in violation of U.S. executive orders or UN Security Council Resolutions to entities related to North Korea. “The Undersecretary of the Treasury for Terrorism and Financial Intelligence, who is responsible for safeguarding the financial system against illicit use, money laundering, terrorist financing and the proliferation of © Korea Risk Group. All rights reserved. |