U.S. Announces More Sanctions on North Korea

The U.S. Treasury Department’s website on August 30th announced expanded sanctions on North Korea via a presidential executive order. Washington slapped sanctions on four individuals and eight firms with ties to the North Korean government and the regime’s nuclear programs. Room 39 is among the blacklisted entities, which is believed to be engaged in illicit activities that fund Pyongyang’s nuclear weapons programs. The new sanctions are based on President Bush’s Executive Order 13382 to curb nuclear and WMD proliferation.