The sinking of the South Korean ship Cheonan raised tensionsAugust 30, 2010
US to impose new North Korea sanctions - official
US to impose new North Korea sanctions - official The sinking of the South Korean ship Cheonan raised tensions US President Barack Obama will sign an executive order on Monday mandating new financial sanctions on North Korea, senior administration officials say.
The sanctions will hit three North Korea state-owned entities and one individual, targeting the trade in arms, luxury goods and narcotics.
The new sanctions come after the sinking of a South Korean warship in March, in which 46 sailors died.
North Korea has denied responsibility for the sinking.
Secretary of State Hillary Clinton announced last month that US sanctions against North Korea would be expanded.
The US has tried to drive international efforts to stop North Korea's efforts to build nuclear weapons.
North Korea indicated last year that any attempt to blockade the country would be regarded as an "act of war".
The country has been seeking nuclear weapons for some years and carried out its second nuclear test last year, prompting international condemnation.
US to impose new North Korea sanctions - official
US to impose new North Korea sanctions - official The sinking of the South Korean ship Cheonan raised tensions US President Barack Obama will sign an executive order on Monday mandating new financial sanctions on North Korea, senior administration officials say.
The sanctions will hit three North Korea state-owned entities and one individual, targeting the trade in arms, luxury goods and narcotics.
The new sanctions come after the sinking of a South Korean warship in March, in which 46 sailors died.
North Korea has denied responsibility for the sinking.
Secretary of State Hillary Clinton announced last month that US sanctions against North Korea would be expanded.
The US has tried to drive international efforts to stop North Korea's efforts to build nuclear weapons.
North Korea indicated last year that any attempt to blockade the country would be regarded as an "act of war".
The country has been seeking nuclear weapons for some years and carried out its second nuclear test last year, prompting international condemnation.
