The U.S. imposed sanctions on five North Korean entities Friday in response to two ballistic missile tests the reclusive Asian country conducted in February and March.
Authorized under an existing executive order targeting producers and supporters of weapons of mass destruction, the sanctions come afterissued its own penalties this week on four groups and nine individuals tied to missile development.
The Treasury Department’s Office of Foreign Assets Control said Friday’s sanctions target the firms for providing support to North Korea’s"development of weapons of mass destruction and ballistic missile programs, in violation of multiple United Nations Security Council resolutions." "The DPRK’s provocative ballistic missile tests represent a clear threat to regional and global security and are in blatant violation of UN Security Council resolutions," Treasury Secretary Janet Yellen said in a statement.
"The United States is committed to using our sanctions authorities to respond to the DPRK’s continued development of weapons of mass destruction and ballistic missiles," she said.
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