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U.S. to Impose New Sanctions on Chinese Banks Over North Korea Ties

14 Julio 2017, 11:04 | Bibiana Flor

U.S. to Impose New Sanctions on Chinese Banks Over North Korea Ties

U.S. to Impose New Sanctions on Chinese Banks Over North Korea Ties

August is also when the United States and South Korea plan to conduct the annual joint Ulchi Freedom Guardian exercises, according to News 1. The sanctions are meant to apply meaningful pressure on a government which is all but single-handedly propping up a regime that threatens South Korea, Japan, and the United States with nuclear destruction.

There is no clear solution to the North Korea dilemma and none evident in the foreseeable future.

"UN Security Council sanctions are not a total ban on shipments".

It has urged everyone not to "add fuel to the fire" on the Korean Peninsula, rather than just shift responsibility to China.

Shortly after their meeting, Trump said he had told Xi that China would get a better trade deal if it reined in North Korea.

Tension further escalated after Tuesday's ICBM test, a milestone in the North's decades-long quest for weapons capable of reaching the US.

Many North Koreans are unsure of the missile's true abilities, though, a source living in North Korea's Yanggang province said.

It was North Korea's 12 rocket test (and ninth successful one) since US President Donald Trump assumed office in January.

President Trump has been putting enormous pressure on his Chinese counterpart Xi Jinping to take action against Kim Jong-un.

In the survey, conducted days after the July Fourth holiday launch of "Hwasong-14", 40 percent of registered voters said North Korea was the top threat to the United States, followed by 30 percent who considered the Islamic State terror group in Iraq and Syria to be the biggest threat and 16 percent who said Russian Federation. We can see now from China's statement that they have run out of patience.

China knows North Korea's defense and security is not a bargaining chip, and can't force the DPRK to do something.

But Moon has also said that "dialogue is possible only when North Korea changes its behaviour", and suggested the need to develop and deploy an indigenous missile defence system, in addition to or instead of the Terminal High Altitude Area Defence (THAAD) system.

Trump must be aware that if the United States' global isolation becomes deeper, it could have a smaller voice and its influence on the North Korea issue may be restricted.

If the current strategy pursued by North Korea works, the world's great powers will find themselves at loggerheads with one another.

Sanctions are fine, but what about the Chinese who depend on trade with North Korea?

What remains even more puzzling is the fact that despite the huge threat posed by the North Korean ICBM tests, no great media attention was generated in the otherwise overzealous United States and pro-western media.

Past attempts have included storing the programs on USB memory sticks or DVDs, and attaching the devices to balloons that are floated over North Korea. Reflecting the increasingly bitter relations between Beijing and Washington, the spokesman declared: "Asking others to do work, but doing nothing themselves is not okay. Being stabbed in the back is really not OK", he elaborated. Unlike South Korea, there are no foreign troops in North Korea.

"The "China responsibility theory" on the peninsula nuclear issue can stop", Geng said.

The images of the radiochemical laboratory showed there had been at least two reprocessing cycles not previously known aimed at producing "an undetermined amount of plutonium that can further increase North Korea's nuclear weapons stockpile", something that would worry USA officials who see Pyongyang as one of the world's top security threats.

However, China is defending its stand as it prudently follows and observes sanctions released by the United Nations on North Korea.



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