The U.S. Treasury Department has blacklisted two officials purportedly linked to North Korea's previously sanctioned Tanchon Commercial Bank and a machinery supply company for allegedly aiding Pyongyang's nuclear and ballistic missile programs.
These sanctions came on the heels of an announcement by North Korea's top military body that upcoming rocket launches and a nuclear test would target the United States. That threat came a day after the U.N. Security Council agreed to a U.S.-backed resolution to sanction North Korea for a rocket launch in December that breached U.N. rules.
The newly sanctioned individuals, Ra Ky'ong-Su and Kim Kwang-Il, are both China-based officials of Tanchon Commercial Bank, Treasury's Office of Foreign Assets Control (OFAC) said.
Tanchon was blacklisted in October 2009 for allegedly acting as the financial arm of Korea's Mining Development Trading Corporation (KOMID), which OFAC says is Pyongyang's "premier arms dealer and main exporter of goods and
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