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South Korea on Friday announced additional sanctions on North Korea in response to growing security threats from Pyongyang, highlighted by its long-range missile launch last month, according to the Foreign Ministry in Seoul.
Seoul has decided to impose independent sanctions on eight individuals and seven institutions involved in the secretive regime’s nuclear and missile development programs, Yonhap News Agency quoted the Ministry as saying.
Those added to the blacklist include officials at financial institutions related to the North’s nuclear and missile programs, and those involved in illegal ship-to-ship transfers of sanctioned North Korean goods, it said in a press release.