WASHINGTON: ‘ OBAMA SIGNS EXECUTIVE ORDER AUTHORISING SANCTIONS ON NORTH KOREA WORKERS PARTY ‘

#AceNewsServices – WASHINGTON:Jan.03: An executive order signed by President Obama authorizes sanctions against agencies and officials associated with the North Korean government and Workers’ Party of Korea. Obama, in the order, cited North Korea’s “provocative, destabilizing, and repressive actions and policies … including its destructive, coercive cyber-related actions during November and December 2014.

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The Treasury Department, in turn, designated three government-tied entities and 10 North Korean officials under those sanctions. The sanctions would deny them access to the U.S. financial system and bar them from entering the U.S.

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The department does not name North Korean leader Kim Jong-un but does designate representatives of the government stationed in Russia, Iran and Syria, among others.

It also names North Korea’s primary intelligence organization, its primary arms dealer and an organization that deals with technology procurement called the Korea Tangun Trading Corporation.

Source:

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