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Chinese shipping companies penalized for violating North Korea sanctions

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The U. S. Treasury Department designated Chinese shipping companies for penalties after they allegedly helped North Korea evade international trade sanctions.
March 21 (UPI) — The U. S. Treasury Department designated two Chinese shipping companies for penalties after allegedly helping North Korea evade international trade sanctions.
The Treasury’s Office of Foreign Assets Control penalized Dalian Haibo International Freight Co. Ltd. and Liaoning Danxing International Forwarding Co. Ltd. under international sanctions banning trade with North Korea, the Treasury announced Thursday.

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