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U.S. targets North Korea coal shipments with new sanctions

Christian Fernsby |
The United States has blacklisted companies, including several based in China, and four ships accused of illicit exports of North Korean coal, the Treasury Department said on Tuesday.

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"The DPRK continues to circumvent the U.N. prohibition on the exportation of coal, a key revenue generator that helps fund its weapons of mass destruction programs," U.S. Secretary Steven Mnuchin said in a statement.

"The North Korean regime often uses forced labor from prison camps in its mining industries, including coal, exploiting its own people to advance its illicit weapons programs," he said.

The U.S. action freezes any U.S. assets of those sanctioned and generally bars Americans from dealing with them.


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