US issues sanctions targeting N Korean weapons of mass destruction program | The Business Standard
Skip to main content
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Monday
May 19, 2025

Sign In
Subscribe
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
MONDAY, MAY 19, 2025
US issues sanctions targeting N Korean weapons of mass destruction program

World+Biz

Reuters
28 May, 2022, 08:55 am
Last modified: 28 May, 2022, 08:59 am

Related News

  • US sanctions hold up Qatari support for Syria: sources
  • Oil gains after Trump cancels Chevrons Venezuela license
  • Trump axes Chevron's Venezuela oil license, citing lack of electoral reforms
  • ICC 'condemns' US sanctions, vows to 'continue providing justice'
  • Trump cancels sanctions on Israeli settlers in West Bank

US issues sanctions targeting N Korean weapons of mass destruction program

Reuters
28 May, 2022, 08:55 am
Last modified: 28 May, 2022, 08:59 am
Residents hold US and North Korean flags while they wait for motorcade of North Korea's leader Kim Jong Un en route to the Metropole Hotel for the second US- North Korea summit in Hanoi, Vietnam, 28 February, 2019/ Reuters
Residents hold US and North Korean flags while they wait for motorcade of North Korea's leader Kim Jong Un en route to the Metropole Hotel for the second US- North Korea summit in Hanoi, Vietnam, 28 February, 2019/ Reuters

The United States on Friday imposed sanctions on two Russian banks, a North Korean company and a person who is accused of supporting North Korea's weapons of mass destruction program, increasing pressure on Pyongyang over its renewed ballistic missile launches.

The latest American move came a day after China and Russia vetoed a US-led push to impose more United Nations sanctions on North Korea over its ballistic missile launches, publicly splitting the UN Security Council for the first time since it started punishing Pyongyang in 2006.

The vetoes came despite what the United States says was the sixth test of an intercontinental ballistic missile (ICBM) by North Korea this year and signs that Pyongyang is preparing to conduct its first nuclear test since 2017.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

In a statement, the US Treasury Department said it targeted Air Koryo Trading Corp as well as Russian financial institutions the Far Eastern Bank and Bank Sputnik for contributing to procurement and revenue generation for North Korean organizations.

Washington also designated Jong Yong Nam, a Belarus-based representative of an organization subordinate to the North Korea Second Academy of Natural Sciences (SANS), who Washington said has supported North Korean organizations linked to the development of ballistic missiles.

North Korea's mission to the United Nations in New York did not immediately respond to a request for comment.

"The United States will continue to implement and enforce existing sanctions while urging the DPRK (North Korea) to return to a diplomatic path and abandon its pursuit of weapons of mass destruction and ballistic missiles," the Treasury's Under Secretary for Terrorism and Financial Intelligence, Brian Nelson, said in the statement.

China has been urging the United States to take action - including lifting some unilateral sanctions - to entice Pyongyang to resume talks stalled since 2019, after three failed summits between North Korean leader Kim Jong Un and then-US President Donald Trump. The United States has said Pyongyang should not be rewarded.

Late on Friday, the top diplomats of South Korea, Japan and the United States issued a joint statement saying North Korea had "significantly increased the pace and scale of its ballistic missile launches since September 2021".

In the statement, US Secretary of State Antony Blinken, South Korean Foreign Minister Park Jin and Japanese Foreign Minister Yoshimasa Hayashi urged Pyongyang to "return to negotiations."

Top News / USA

US-North Korea / US Sanction / US sanctions

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Photo: TBS
    ADP implementation at record lowest 41% in 10 months of FY25
  • Bangladesh Bank Governor Ahsan H Mansur speaks to media at a press briefing at the Foreign Service Academy in Dhaka on Monday, 19 May 2025. Photo: Focus Bangla
    Money, assets seized from financial offenders will be used to support underprivileged population: BB governor
  • Protesting officials at the NBR headquarters in Agargaon, Dhaka on 19 May 2025. Photo: TBS
    Protesting NBR officials to hold talks with advisers, tomorrow's strike suspended

MOST VIEWED

  • Illustration: Ashrafun Naher Ananna/TBS
    World’s top universities outside United States 2025
  • Infograph: TBS
    US-Bangladesh FTA talks begin, RMG may see major boost
  • Representational image. File photo: TBS
    India halts import of Bangladeshi garments, processed foods via land ports
  • Nusraat Faria Mazhar. Photo: Noor A Alam/TBS
    Actress Nusraat Faria detained at Dhaka airport over attempted murder case
  • Infographic: TBS
    Nationwide elevated highways in the works to boost mobility, minimise land use
  • Employees of the now-dissolved NBR hold a protest programme in front of the revenue board's HQ on 13 May. Photo: Jahir Rayhan/TBS
    Govt looks for ways to resolve NBR deadlock

Related News

  • US sanctions hold up Qatari support for Syria: sources
  • Oil gains after Trump cancels Chevrons Venezuela license
  • Trump axes Chevron's Venezuela oil license, citing lack of electoral reforms
  • ICC 'condemns' US sanctions, vows to 'continue providing justice'
  • Trump cancels sanctions on Israeli settlers in West Bank

Features

PHOTO: Collected

Helmet Hunt: Top 5 half-face helmets that meet international safety standards

1d | Wheels
Photo: Collected

Simple accessories to extend the life of your luggage

1d | Brands
With a growing population, the main areas of Rajshahi city are now often clogged with traffic. Photo: Mahmud Jami

Once a ‘green city’, Rajshahi now struggling to breathe

1d | Panorama
Illustration: TBS

Cassettes, cards, and a contactless future: NFC’s expanding role in Bangladesh

2d | Panorama

More Videos from TBS

Intervention in Syria should not occur: A direct message from the King of Jordan to the United States.

Intervention in Syria should not occur: A direct message from the King of Jordan to the United States.

58m | TBS World
Delicious Makhandi Halwa

Delicious Makhandi Halwa

48m | TBS Programs
New law planned to protect insurance clients as 6 firms embezzle Tk3,736cr

New law planned to protect insurance clients as 6 firms embezzle Tk3,736cr

1h | TBS Insight
Former US President Joe Biden diagnosed with prostate cancer

Former US President Joe Biden diagnosed with prostate cancer

2h | TBS World
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net