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best2002

(181 posts)
Fri Jul 19, 2013, 12:22 AM Jul 2013

U.S. Congress Looks at Tough Sanctions Against N.Korea

US congress is about to pass a tougher sanctions against North Korea, including a “secondary boycott” of firms and banks in third countries engaged in illegal business with the North. The sanctions would be the toughest yet against the renegade country. The sanctions were submitted to Congress by Ed Royce, the chairman of the U.S. House Committee on Foreign Affairs. It would affect business with American corporations by third-country firms dealing with the North and is aimed at making it more difficult for Pyongyang to get the hard currency it needs to develop nuclear weapons and missiles (WMDs).
(http://www.defensenews.com/article/20130718/DEFREG03/307180010/Sanctions-Busting-N-Korea-Runs-Barter-Trade-Analysts)

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