Tag: Kaesong industrial zone

US, allies target N. Korea finances after rocket test

PAJU, South Korea (AFP) — The United States and its Asian allies tightened the economic screws on North Korea Thursday with the US Senate adopting fresh sanctions and South Korean firms abandoning a joint industrial park that helped fund Pyongyang’s nuclear weapons programme. The unilateral moves, which also included Japanese sanctions, came with UN Security Council members still stalled on how far to go in punishing the North for its latest nuclear test and long-range […]