The U.S. Treasury Department on Friday imposed sanctions on a Russian Bank, in connection with the fact that the Bank had helped North Korea to circumvent sanctions of the UN Security Council to curb nuclear and missile programs of Pyongyang.
It is reported that the Moscow commercial Bank “Agrosoyuz” helped to conduct “significant transactions” on behalf of the individuals that are in the black list of the USA for participation in the programmes of North Korea’s weapons of mass destruction.
In the press release of the Ministry of Finance notes that the Russian Bank has provided banking services Han Jang-soo, head of the Moscow-based Bank for foreign trade of the DPRK, as well as his Deputy Lee Jong-Won.
In addition to the Russian Bank, the US Treasury imposed sanctions against China-based and owned by the North Korean Bank of foreign trade companies Dandong Zhongsheng Industry & Trade Co. Ltd. and Korea Ungum Corporation.
It is expected that on Saturday the US Secretary of state Mike Pompeo will call the leaders of the countries of South-East Asia in Singapore to leave in force the sanctions against Pyongyang, which is negotiating with the U.S. to dismantle its nuclear program and cease the creation of nuclear weapons.