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July 26, 2003 Saturday Jumadi-ul-Awwal 25, 1424

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US slaps sanctions on North Korea


WASHINGTON, July 25: The United States on Friday imposed new sanctions on the North Korean government after finding that an already punished firm in the country had continued to violate US law with the sales of missile parts and technology.

The State Department announced that the Changgwang Sinyong Corporation, which has been found to be in violation of US arms export control laws on at least five previous occasions, including earlier this month, would be subject to additional sanctions.

“Additionally, because North Korea is a country with a non-market economy that is not a former member of the Warsaw Pact ... the following sanctions shall be applied for three years and eight months to all activities of the North Korean government relating to the development or production of missile equipment or technology and affecting the development or production of electronics, space systems or equipment, and military aircraft,” the department said.

Those sanctions include the denial of all US government licenses for the sale of such equipment, a denial of US contracts for the equipment and a ban on its importation into the United States, it said in a notice published in the Federal Register.—AFP






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