US issues fresh North Korea sanctions after recent missile launches
Biden and Kim Jong Un
The United States on Friday imposed sanctions on five entities it accused of providing support toNorthKorea's development of weapons of mass destruction and ballistic missile programs, increasing pressure on Pyongyang following a recent series of missile launches.
The Treasury Department in a statement said the action targets the Ministry of Rocket Industry, which it said is aNorthKorean weapons of mass destruction research and development organisation directly linked to the development of new intercontinental ballistic missiles (ICBMs).
It also designated four of the organisation's subsidiaries,Hapjanggang Trading Corporation,KoreaRounsan Trading Corporation, Sungnisan Trading Corporation, and Unchon Trading Corporation.
NorthKorea’s mission to the United Nations in New York did not immediately respond to a request for comment on the new sanctions.
Friday's move follows a rise in tensions withNorthKoreaafter two ballistic missile tests on Feb. 26 and March 4 that involved a new ICBM system thatNorthKoreais developing, and last week's first full ICBM test conducted byNorthKoreasince 2017.
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“The DPRK’s (Democratic People's Republic ofKorea's) provocative ballistic missile tests represent a clear threat to regional and global security and are in blatant violation of UN Security Council resolutions,” Treasury Secretary Janet Yellen said in the statement.
“The United States is committed to using our sanctions authorities to respond to the DPRK’s continued development of weapons of mass destruction and ballistic missiles," she said.
Washington's move on Friday follows measures imposed by Japan, which froze the assets of sixNorthKoreans for involvement inNorthKorea's weapons projects.
SouthKorean officials have reported new construction at theNorth's only known nuclear test site, which was shuttered in 2018.
There are increasing signs thatNorthKoreacould soon test a nuclear weapon for the first time since 2017 in a bid to improve its arsenal and increase political pressure, USand SouthKorean officials and analysts said.