US Blacklists Russian, Chinese Companies • Channels Television

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US President Donald Trump, with Vice President Mike Pence, speaks about the economy on the South Lawn of the White House on July 27, 2018, in Washington, DC. NICHOLAS KAMM / AFP

 

The US Treasury announced sanctions on Russian and Chinese companies Wednesday for violating the economic embargo on North Korea as Washington seeks to keep the pressure on Pyongyang over its nuclear program.

The Treasury accused China-based Dalian Sun Moon Star International Logistics Trading Co and its Singapore-based affiliate, SINSMS Pte., of falsifying documents to facilitate shipments of alcohol and cigarettes to North Korea.

Those shipments helped fuel what the Treasury alleged was a huge “illicit” cigarette trade earning the Pyongyang regime $1 billion a year.

It also blacklisted Russia-based Profinet Pte. for violating UN sanctions by providing port services like loading and refuelling to sanctioned North Korean-flagged ships at three eastern Russia ports.

Also named was Profinet director…



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