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Switzerland imposes further sanctions on N. Korea: RFA

All Headlines 15:34 February 23, 2017

SEOUL, Feb. 23 (Yonhap) -- Switzerland has severed all science technology cooperation except medicine with North Korea in line with U.N. Security Council sanctions, a U.S. news report said Thursday.

The Swiss Cabinet began implementing the punitive steps Wednesday afternoon (local time), under which North Korean students are banned from classes on materials, electricity and mechanical engineering in higher educational institutions, according to Radio Free Asia (RFA).

The latest U.N. sanctions imposed late last year on the North following its fifth nuclear test in September ban any type of cooperation with the rogue regime in the nuclear, aerospace and advanced manufacturing industries.

Moreover, the Swiss government plans to shut down its bank branches in North Korea and close bank accounts unrelated to humanitarian aid and the diplomatic mission by the end of March, the report said.

The North Korean mission and each of its diplomats in Switzerland will be allowed to hold only one bank account in the nation, according to the report.

Switzerland has also prohibited exports of helicopters and vessels to North Korea and increased embargoed items of luxury goods and mineral resources, it said.

In response to the North's fourth nuclear test in January 2016, Switzerland initiated exclusive sanctions on Pyongyang in May, including freezing all direct and indirect North Korean assets in the country and banning financial services to the North, RFA said.


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