U.S. Secretary of State Hillary Clinton announced on Wednesday July 21 during her visit to Seoul that the United States will launch new sanctions against North Korea, in response to the sinking of the South Korean warship in March.
Clinton said after the security talks with South Korean defense and military officials that the new sanctions will be aimed specifically towards the North Korean ruling elites. “These measures are not directed at the people of North Korea, who have suffered too long due to the misguided priorities of their government. They are directed at the destabilizing, illicit and provocative policies pursued by that government,” she explained.
Starting in August, the new sanctions will freeze financial activities of individuals who support nuclear proliferation, and banks that facilitate illicit deals by trading companies. The measures will also prevent trades of luxury goods, and nuclear weapon components.
After her visit to Seoul, Clinton left for Hanoi to attend the Asean Regional Forum (ARF) on Friday.
Tighter U.S. Sanctions Aimed at N.Korea's Ruling Elite [The Choson Ilbo, 22 July 2010]
Clinton leaves for Vietnam [The Straits Times, 22 July 2010]