Japan Freezes North Korea’s Assets after Trumps Visit

donald_trump_shinzo_abe_japan_sanctions_north_korea

Japan has announced that it will impose additional sanctions against Rocket Man in North Korea. Japan will freeze the assets of nine organizations and 26 different individuals.

The sanctions came shortly after a joint news conference with President Trump’s and Prime Minister Shinzo Abe. Chief Cabinet Secretary Yoshihide Suga said “The North Korean missile and nuclear issue is a pressing threat unseen before. Its provocative actions, in which it has ignored the severe warnings of international society, are totally unacceptable”

The institutions that will be targeted with the sanctions are North Korean banks, some of which are actually located in China. The assets are associated with Rocket Man‘s missile and nuclear development projects, coal and other minerals exports as well as laborers that North Korea would recruit from other countries.

Yoshihide Suga said the sanctions were due to President Trump’s visit and to demonstrate the determination of Japan and the United States efforts to increase pressure on Rocket Man in North Korea.

President Trump has made it clear that the United States stands in solidarity with Japan. Trump commented on North Korea’s ballistic missile launch over Japan and called it “a threat to the civilized world and to international peace and stability.”

These sanctions were created to deal a devastating economic blow to North Korea. They will restrict the movement of material, money and people to and from North Korea.

Leave a Reply

Your email address will not be published. Required fields are marked *