US imposes new shipping sanctions on North Korea

The US has announced a new range of shipping sanctions targeting North Korea’s shipping practices, seeking to prevent North Korea from being able to fund its weapons program.

These are the latest in a series of sanctions aiming to isolate North Korea, and aim to target those who seek to circumvent existing sanctions.

“As part of the maximum pressure campaign against North Korea, the United States is committed to disrupting North Korea’s illicit funding of its weapons programs, regardless of the location or nationality of those facilitating such funding,” the statement read.

“The North Korean shipping industry is a primary means by which North Korea evades sanctions to fund its nuclear weapons and ballistic missile programs.”

“As such, the United States will continue targeting persons, wherever located, who facilitate North Korea’s illicit shipping practices.”

The new sanctions will target one person, 27 companies and 28 ships, and proposed a blacklist using separate UN sanctions to target maritime smuggling to North Korea.

US President Donald Trump indicated that if the sanctions and diplomatic attempts fail then a military solution, which his administration has repeatedly said is on the table, may be used.

“If the sanctions don’t work, we’ll have to go phase two,” Trump said.

“Phase two may be a very rough thing, may be very, very unfortunate for the world. But hopefully the sanctions will work.”

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