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U.S. announces sanctions on North Korean corporation

  • Story Highlights
  • U.S.: Hyoksin linked to corporation associated with weapons of mass destruction
  • Order freezes Hyoksin's U.S. assets, prohibits Americans from dealing with company
  • U.N. recently cited Hyoksin for involvement in weapons of mass destruction
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WASHINGTON (CNN) -- The United States on Thursday imposed economic sanctions on a North Korean company that the United Nations said is linked to the country's nuclear weapons program.

News comes on day U.S. State Department Envoy Philip Goldberg met with U.N. sanctions committee.

News comes on day U.S. State Department Envoy Philip Goldberg met with U.N. sanctions committee.

A U.S. Treasury Department statement said Korea Hyoksin Trading Corporation is owned or controlled by Korea Ryonbong General Corporation, which has been designated by the United Nations as a proliferator of weapons of mass destruction.

The order freezes any U.S. assets of Hyoksin and prohibits any Americans from dealing with it, the statement said.

It notes that a sanctions committee set up by the U.N. Security Council recently cited Hyoksin for involvement in development of weapons of mass destruction.

The announcement came as the U.S. coordinator for implementation of U.N. sanctions against North Korea met Thursday with the Security Council sanctions committee.

The envoy, Philip Goldberg, said the talks showed "strong commitment" by all nations to enforcing Security Council Resolution 1874, which authorized sanctions against North Korea's weapons program.

"What I found in that room and in my dealings with other governments ... is unity of view," Goldberg said, specifically mentioning China, which is North Korea's longtime supporter.

"Commitment to implementation is strong and unified," he said.

All About North KoreaUnited NationsPolitical Sanctions

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