This Article is From Apr 01, 2016

European Union Expands Sanctions Against North Korea To Match UN Move

European Union Expands Sanctions Against North Korea To Match UN Move

The European Union expanded trade and financial sanctions on North Korea, following up on harsh new measures imposed by the UN Security Council. (File Photo)

BRUSSELS: The European Union on Thursday expanded trade and financial sanctions on North Korea, following up on harsh new measures imposed by the UN Security Council earlier this month.

The extension follows a nuclear test carried out by North Korea in January.

The EU's External Action Service, which oversees the bloc's policy in international affairs, said the new sanctions extended export and import bans on items that could help build up capacity of North Korea's armed forces.

The 28-nation EU also expanded financial sanctions against North Korea, including a new asset freeze on government entities linked to Pyongyang's nuclear or ballistic missile programmes.

The EU first imposed sanctions on North Korea in 2006.
 
© Thomson Reuters 2016


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