(MENAFN- Kuwait News Agency (KUNA)) WASHINGTON, Feb 23 (KUNA) -- The latest sanctions against North Korea issued by the US will "significantly hinder" North Korea's ability to conduct "evasive maritime activities," Treasury Secretary Steven Mnuchin told reporters Friday.
The sanctions will impede "illicit coal and fuel transports" and hope to limit Pyongyang's ability to ship good through international waters, he said.
The Treasury additionally issued a global shipping advisory to "put everyone on notice of North Korea's illicit maritime tactics, and underscore the significant sanctions risk of engaging in maritime business with North Korea," Mnuchin warned.
Some of North Korea's "deceptive shipping practices" including "falsifying and concealing information displayed on North Korean vessels and conducting ship-to-ship transfers," a practice prohibited by United Nations, a statement from the Treasury highlighted.
The Secretary stressed, "we are putting companies and countries across the world on notice that this administration views compliance with US and UN sanctions as a national security imperative. Those who trade with North Korea do so at their own peril." (pickup previous) ak.bs
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