European Union extends sanctions on North Korean targets

EU extends sanctions on North Korean targets

The European Council of EU governments said the new sanctions included the state-owned Foreign Trade Bank (FTB).

Tens of thousands of North Koreans gathered for a rally at Kim Il Sung Square carrying placards and propaganda slogans as a show of support for their rejection of the United Nations' latest round of sanctions on Wednesday Aug. 9, 2017, in Pyongyang, North Korea.

To remind, the U.N. Security Council on Saturday adopted Resolution 2371 to toughen sanctions against North Korea over its nuclear weapons and ballistic missile development programs.

The EU had previously repeatedly used punitive measures such as asset freezes and travel bans due to violations of United Nations resolutions on its nuclear and ballistic programs. The EU has a policy of critical engagement towards North Korea and its goals are to support a lasting diminution of tensions on the Korean peninsula and uphold the worldwide non-proliferation regime. The document also obliges states not to allow vessels into their ports if they were reported as violating the sanctions regime by the UN Security Council's special committee, with exception given to cases of emergency.

In connection with the testing of Intercontinental ballistic missiles, the sanctions against the DPRK.

On Tuesday, Trump issued a controversial warning to the DPRK, saying that threats from the country would be met with "fire and fury like the world has never seen". Some could reach the mainland USA, according to Pyongyang.

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