EU Approves Tighter Sanctions on North Korea

Tuesday, 19 Feb 2013 04:46 AM

 

Share:
More . . .
A    A   |
   Email Us   |
   Print   |

BRUSSELS — European Union (EU) governments agreed on Monday to tighten sanctions against North Korea, restricting the country's ability to trade following last week's nuclear test.

The sanctions expand those approved by the U.N. Security Council in January, adding measures preventing trading in North Korean government bonds, gold, precious metals, and diamonds, EU diplomats said.

"We have pushed for enhancing the sanctions. This is the answer to a nuclear program which endangers not only the region but the whole security architecture worldwide," Germany's Foreign Minister Guido Westerwelle said during a meeting with his EU counterparts in Brussels.

The new sanctions ban components that could be used in ballistic missiles such as "certain types of aluminum used in ballistic missile-related systems".

North Korea was widely condemned last week after its third nuclear test since 2006, defying United Nations resolutions and putting the country closer to a workable long-range nuclear missile.

North Korean banks will also barred from opening new branches in the European Union and European banks would not be able to open new branches in the northeast Asian state.

Diplomats could not say if North Korean banks had any branches in the EU.

© 2013 Thomson/Reuters. All rights reserved.

Share:
More . . .
   Email Us   |
   Print   |
Around the Web
 
Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Facebook
Twitter
Google Plus
Top Stories
Around the Web
You May Also Like

Venezuela's Capriles Denies He Would Scrap Chavez Welfare Aid

Wednesday, 10 Apr 2013 11:39 AM

Venezuelan opposition candidate Henrique Capriles denied on Wednesday accusations from acting President Nicolas Maduro t . . .

Israel Considers Opening Women's Access to Holy Jewish Site

Wednesday, 10 Apr 2013 07:27 AM

Israeli Prime Minister Benjamin Netanyahu is weighing whether to liberalize access to Judaism's Western Wall, officials  . . .

Report: Most Rape Victims in Conflict Zones Are Children

Wednesday, 10 Apr 2013 05:09 AM

Most victims of sexual violence in conflict zones are children who are suffering rape and abuse at an appalling rate, sa . . .

 
 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved