U.S. imposes new sanctions on North Korea

2023-05-23T15:40:33.703Z

Highlights: U.S. and South Korea impose new sanctions on North Korea. The sanctions cover four companies and one person involved in concealing funds and cyber activities. The other three companies are already under sanctions from South Korea for engaging in cyber operations and supporting North Korea's weapons of mass destruction programs. The U.S.-South Korea sanctions are in addition to the existing sanctions against North Korea for its nuclear and missile programs and for its human rights abuses and human rights violations. The new sanctions were imposed on Kim Sang-man and Xinyong Cooperation Co.

The United States on Tuesday imposed new North Korea-related sanctions involving four companies and one person involved in concealing malicious funds and cyber activities.The U.S. Treasury Department said it and South Korea jointly imposed sanctions on Kim Sang-man and Xinyong Cooperation Co.