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Treasury announces new sanctions aimed at North Korea

The Treasury Department on Thursday targeted four Chinese entities and nationals for their ties to the government of North Korea, banning them from the U.S. financial system.

The Treasury’s Office of Foreign Assets Control (OFAC) designated Chinese citizens Sun Wei and Li Hong Ri, along with Dalian Global Unity Shipping Co. and Bank of Dandong, for offering financial services and assistance to North Korea.

 

Read more at thehill.com

 

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