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US Treasury goes after firm tied to North Korea

US Treasury goes after firm tied to North Korea

The United States has imposed financial sanctions on a company accused of involvement in North Korea's missile proliferation network.
The Treasury Department says it moved against Hong Kong Electronics, an Iranian-based company. The action means that any bank accounts or other financial assets found in the United States belonging to the company must be frozen. Americans also are forbidden from doing business with the firm.


Updated : 2021-05-10 13:04 GMT+08:00