Seoul Introduces Sanctions against North Korea

South Korea announced new unilateral sanctions against Pyongyang on Monday, a day before U.S. President Donald Trump arrives in Seoul for discussions regarding North Korea’s nuclear program, Newsmax reports. According to the South Korean government, a total of 18 North Korean bankers stationed in China, Russia and Libya with suspected links to the regime’s weapons program have been blacklisted.

“Those individuals have worked overseas, representing North Korean banks and getting involved in supplying money needed to develop weapons of mass destruction,” Seoul’s foreign ministry said in a statement.

The measures were South Korea’s first unilateral sanctions under President Moon Jae-in, who took office in May vowing a peaceful resolution to the nuclear standoff and declared a willingness to visit Pyongyang under “the right circumstances.”

Last year, South Korea unilaterally closed operations at the jointly-run Kaesong Industrial Complex, saying cash from the zone was being used for the North’s weapons program. The complex was the last remaining form of North-South economic cooperation, AFP adds.

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