The support lent by Russia and China at the UN security council for new sanctions against North Korea, apparently has not paid off.
On Tuesday, Steven Mnuchin’s Treasury Department slapped a new set of sanctions on Russian and Chinese firms, allegedly for doing business with Pyongyang.
That’s despite the 15-0 vote in the security council earlier this month, which Beijing and Moscow made possible.
Fresh off the wires from Reuters:
The United States on Tuesday imposed new North Korea-related sanctions, targeting Chinese and Russian firms and individuals for supporting Pyongyang’s weapons programs, but stopped short of an anticipated focus on Chinese banks.
The U.S. Treasury designated six Chinese-owned entities, one Russian, one North Korean and two based in Singapore. They included a Namibia-based subsidiary of a Chinese company and a North Korean entity operating in Namibia.
The sanctions also targeted six individuals – four Russians, one Chinese and one North Korean.
Reportedly, the Chinese government reaction has been a swift condemnation, with Beijing demanding that Washington “immediately correct its mistake” by repealing the sanctions.
So far, the Kremlin has not responded to this latest US measure targeting its economy.