Representative Ed Royce, chairman of the House Foreign Affairs Committee, yesterday told a hearing that he would seek to enact a bill that would broaden already sweeping sanctions by punishing foreign governments that assist Kim Jong-Un's regime.
The bill, which enjoys more than 130 co-sponsors in the 435-member House of Representatives, "targets the regime where it is most vulnerable - in the pocketbook," Royce said.
"It will prevent Kim Jong-Un from accessing, having the ability to use, that hard currency that he needs in order to pay his generals," Royce said. "It will go a long way towards bankrupting the regime."
The bill spells out penalties in the United States for foreign governments or financial institutions that work with North Korea on trade, cash transactions or bribes.
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The bill could affect banks in China, which has shown growing impatience with its ally but has refused actions that would destabilise North Korea such as referring its leaders to the International Criminal Court for crimes against humanity.
A report by the Congressional Research Service, which provides analysis to lawmakers, said that the bill could put the United States in conflict with its ally South Korea if President Park Geun-Hye tried to expand the Kaesong industrial zone, a rare symbol of inter-Korean cooperation that Pyongyang shut down last year.
At the US House hearing on the report, a North Korean refugee testified how her parents were severely beaten, with her father dying, after they illegally crossed into China to seek food during the famine of the 1990s.
The refugee, Grace Minhee Jo, said that she was placed in an orphanage where up to 20 children stayed in each room. She said she was forced to work each day from 6:00 am to 7:00 pm, eating only barley and radish soup and not receiving any rice or education.