U.S. to introduce fresh sanctions against DPRK's proliferation

16:42, July 21, 2010      

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Top diplomats and defense officials from South Korea and the United States on Wednesday warned of " serious consequences" in case of the Democratic People's Republic of Korea (DPRK)'s further provocations and announced a plan to introduce fresh sanctions against the DPRK's proliferation activities.

Following the so-called "two plus two" security talks, designed to reaffirm their robust military alliance in the face of heightened tension on the Korean peninsula, U.S. Secretary of State Hillary Clinton spoke to reporters in a joint press conference that the United States will introduce new "country- specific" sanctions against the DPRK's procurement of nuclear materials.

"Today, I'm announcing a series of measures to increase our ability to prevent North Korea's proliferation, to halt their illicit activities that helped fund their weapons programs and to discourage further provocative actions," Clinton said.

"We will implement new country-specific sanctions aimed at North Korea's sale and procurement of arms and related material and the procurement of luxury goods and other illicit activities," she added.

She said UN Security Council Resolutions 1718 and 1874 will be more strictly imposed on Pyongyang, and entities and individuals engaged in illicit activities will be subject to asset freeze under the state and treasury designation.

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