Treasury targets North Korean-run IT companies with financial sanctions

Trump shakes hands with North Korean leader Kim Jong Un at the Capella Hotel on Sentosa island in Singapore

Trump shakes hands with North Korean leader Kim Jong Un at the Capella Hotel on Sentosa island in Singapore

Sources at that time also said Russia blocked a United States request that two Russian shipping companies and six of their vessels be sanctioned over oil shipments to the North.

"Treasury is once again warning the IT industry, businesses, and individuals across the globe to take precautions to ensure that they are not unwittingly employing North Korean workers for technology projects", he said, noting that the USA will continue to enforce sanctions until the "final, fully verified denuclearization" of North Korea.

The United States and other council members have said there must be strict enforcement of sanctions until Pyongyang acts.

The amended report removed some references to Russians accused of breaching sanctions on North Korea, said one diplomat, speaking on condition of anonymity.

The report had been blocked for publication by Russian Federation last month, with Moscow claiming it disagreed with its findings. "Period", U.S. Ambassador to the United Nations Nikki Haley said in a press release. "The full implementation of U.N. Security Council resolutions remains mandatory for all member states - including Russian Federation".

"This is a unsafe precedent and a stain on the important work of the panel", Haley said.

By blocking since early August release of the original document, Russia explained that the report relied mainly on American information and did not take into account a Russian analysis of the application of sanctions.

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Russia's United Nations mission and the head of the sanctions monitor panel did not immediately respond to requests for comment.

The US Department of Treasury blacklisted Russia's Volasys Silver Star company located in Vladivostok in terms of sanctions against North Korea, the US Office of Foreign Assets Control (OFAC) reports on Tuesday.

The designations are the latest effort by the Donald Trump administration to ramp up pressure on Pyongyang to fully and completely denuclearize.

The U.N. Security Council will meet on Monday over the implementation of sanctions on North Korea at the request of Washington, the USA mission to the United Nations said.

The United States on Thursday imposed sanctions on two firms, one in Russian Federation and one in China, for supporting North Korea's nuclear and missile programs.

The department claims the companies are fronts for the North Korean government.

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