Obama Inflicts New Sanctions against North Korea
President Barack Obama has issued an executive order imposing tough new sanctions on the North Korean regime, with regards to continuous reports on Pyongyang for its nuclear and missile test, including the blacklisting of anyone assisting the North over its labor and mineral exports.
"I have now determined that the government of North Korea's continuing pursuit of its nuclear and missile programs... increasingly imperils the United Stated and its allies," President Obama said in the new executive order. "The order addresses those actions and takes additional steps."
The so-called 'secondary boycott' measures are extensive blocking property of the government of North Korea, with any person interest found "to have engage in", and the Workers' Party of Korea, who have been facilitated or responsible for the exportation of workers from North Korea, to generate revenue for the government, and also prohibiting certain transactions with respect to North Korea.
Labor exports have increasingly been an important source of foreign money for Pyongyang.
Among all, they aim to further tighten the screws for Pyongyang for its provocations like its recent nuclear and ballistic missile tests.
At a press briefing in Washington on Wednesday, White House press secretary Josh Earnest said the executive order enables the U.S to implement UN Security Council Resolution 2270 and the North Korea Sanctions and Policy Enhancement Act of 2016. He said, the U.S. and the global community will no longer tolerate North Korea's illicit nuclear and ballistic missile activities.
He added the U.S. will continue to impose costs on North Korea until it complies with its international obligations. Plus, in some news just in, the U.S. Treasury Department has blacklisted two more individuals, 15 entities and 20 ships marked for sanctions.
Furthermore, Adam J. Szubin, acting under secretary for terrorism and financial intelligence, said "President Obama's new executive order and Treasury's simultaneous designations reflect the United States' commitment to holding North Korea accountable for its destabilizing actions,"
"These actions implement both the unanimous UNSCR approved earlier this month as well as recent bipartisan sanctions legislation on North Korea. We will work closely with our international partners to continue in a strong and unambiguous way to pressure North Korea to abandon its illicit nuclear and ballistic missile programs," he said.