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U.S. Imposes Sanctions on North Korea and Russia Over Military Ties and Missile Program

The sanctions target North Korean banks, officials, and Russian shipping companies linked to Pyongyang's support for Moscow's war in Ukraine.

  • The U.S. announced sanctions on 11 individuals and nine entities from North Korea and Russia, focusing on financial and military ties.
  • North Korean banks, including Golden Triangle Bank and Korea Mandal Credit Bank, were sanctioned for aiding Pyongyang's weapons programs.
  • North Korea has reportedly deployed 11,000 troops to support Russia in its war against Ukraine, with deeper military cooperation formalized last month.
  • Russian shipping companies involved in transporting oil and materials linked to North Korea's activities were also blacklisted.
  • The sanctions follow North Korea's recent intercontinental ballistic missile test and growing concerns over its destabilizing actions in the region.
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