The Treasury Department on Thursday issued new sanctions on seven individuals and three entities connected to the North Korean regime in conjunction with a new report from the State Department on human rights abuses within the hermit kingdom.
The sanctions were issued by the Office of Foreign Assets Control, and they freeze any property or interest in property within U.S. jurisdiction and generally prohibit any transactions by U.S. citizens with any of the sanctioned individuals or groups. Among the sanctioned entities are the Government of North Korea and the Workers’ Party of Korea.
“Today’s sanctions target the North Korean military and regime officials engaged in flagrant abuses of human rights. We also are targeting North Korean financial facilitators who attempt to keep the regime afloat with foreign currency earned through forced labor operations.”