U.S. sanctions Russian, Chinese tech firms over funds for N.Korea

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Thursday, September 13, the United States imposed new sanctions against the DPRK, under the restrictions were Russian and Chinese firms of cooperating with the North Korean regime.

Sister technology firms, Jilin-based China Silver Star and Vladivostok-based Volasys Silver Star, were Chinese and Russian in name only and acted as front companies for North Koreans, the US Treasury Department alleged in a press release on Thursday.

Treasury Secretary Steve Mnuchin said the sanctions were meant to stop the flow of illicit revenue to North Korea from overseas IT workers hiding behind front companies and aliases.

Haley said the panel should release the original report, which cited "a massive increase in illicit ship-to-ship transfers of petroleum products" for North Korea in violation of United Nations sanctions.

Amid such reporting, President Trump has suggested repeatedly, in interviews and via twitter, that China has been relaxing its enforcement of sanctions enacted before his summit with Kim.

The Treasury also said the China-based company was linked to the North Korean government's defense research and ballistic missile programs.

Ms Haley also demanded the bench release the original report, which she claimed Russian Federation off-loaded oil in North Korea on a ship-to-ship transfer basis.

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Russian Federation "obtained the removal of the main part of the paragraphs" concerning it, a diplomat said, speaking anonymously.

President Donald Trump met North Korean leader Kim Jong-un in June at a summit in Singapore where Kim agreed in broad terms to work toward denuclearization of the Korean peninsula.

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

Russian Federation argued the report filed to take into consideration Moscow's own analysis of the sanctions and that it had relied too heavily on intelligence from the US.

The Security Council has remained united in imposing tougher and tougher sanctions on North Korea, but the differences over the experts' report mark a first dent in that unity. MsHaley called for the initial version of the report - dating from early August - to be published.

The sanctions come at a time when the United States is maintaining pressure on the North Korean government in its negotiations to denuclearize the Korean Peninsula.

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