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S. Korea unveils own anti-N.Korea sanctions

All News 15:01 March 08, 2016

SEOUL, March 8 (Yonhap) -- South Korea unveiled a slew of its own punitive measures against North Korea on Tuesday as a follow-up to newly-imposed United Nations Security Council (UNSC) sanctions.

The set of measures is in response to Pyongyang's nuclear test in January and long-range rocket launch last month, the Prime Minister's Office said

Seoul's sanctions include blacklisting 38 North Korean officials and two foreigners, as well as 30 organizations, including 24 based in Pyongyang, that are involved in the North's nuke and missile programs.

Noticeably, scores of people and entities linked to the development of weapons of mass destruction were blacklisted, marking the first time Seoul has taken such a step.

The Seoul government said the measure would ban people and organizations from making financial and property transactions from South Korean banks and freeze their assets here as well.

Other punitive action includes prohibiting vessels that have traveled to North Korea in the past 180 days from entering South Korean waters.

A total of 66 ships, mostly carrying steel, that visited North Korea sailed into South Korean ports last year, the office in charge of coordinating the country's policies said.

The move is aimed at faithfully enforcing the toughest-ever UNSC sanctions imposed last week that call for mandatory inspections of all cargo going in and out of North Korea and a ban on the exports of mineral resources, a major source of hard currency for the cash-strapped country.

Also, Seoul will enforce clamping down on North Korean products from entering the country in line with Seoul's sanction imposed in May 2010 to punish the North for the sinking of a South Korean warship.

The government said it will advise its citizens abroad not to visit North Korean restaurants as the communist regime operates them to earn hard currency.


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