Business Standard

Monday, December 23, 2024 | 12:07 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

US sanctions Russian, Chinese firms for breaking North Korea embargo

The sanctions were announced as Washington seeks to keep pressure on Pyongyang over its nuclear programme

US China trade war

The US on Friday imposed up to 25% import tariff on 818 Chinese products. The move is set to affect around $34 billion worth of US imports

AFP | PTI Washington

The US Treasury announced sanctions on Russian and Chinese companies for violating the economic embargo on North Korea as Washington seeks to keep pressure on Pyongyang over its nuclear programme.

The Treasury accused China-based Dalian Sun Moon Star International Logistics Trading Co and its Singapore-based affiliate, SINSMS Pte, of falsifying documents to facilitate "illicit" shipments of alcohol and cigarettes to North Korea.

It said that Russia-based Profinet Pte violated United Nations sanctions by providing port services to sanctioned North Korean-flagged ships at three eastern Russia ports.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 15 2018 | 9:43 PM IST

Explore News