EU approves tighter sanctions on North Korea
February 19, 2013 4:35 AM EST
European Union governments agreed on Monday to tighten sanctions against North Korea, restricting the country's ability to trade following last week's nuclear test.
The sanctions expand those approved by the U.N. Security Council in January, adding measures preventing trading in North Korean government bonds, gold, precious metals, and diamonds, EU diplomats said.
"We have pushed for enhancing the sanctions. This is the answer to a nuclear programme which endangers not only the region but the whole security architecture worldwide," Germany's Foreign Minister Guido Westerwelle said during a meeting with his EU counterparts in Brussels.
The new sanctions ban components that could be used in ballistic missiles such as "certain types of aluminium used in ballistic missile-related systems".
North Korea was widely condemned last week after its third nuclear test since 2006, defying United Nations resolutions and putting the country closer to a workable long-range nuclear missile.
North Korean banks will also barred from opening new branches in the European Union and European banks would not be able to open new branches in the northeast Asian state. Diplomats could not say if North Korean banks had any branches in the EU.
(Reporting by Ethan Bilby; Editing by Alison Williams)
Most Popular Slideshows
- 2014 MLB World Series Game 1: San Francisco Giants 7, Kansas City Royals 1 [PHOTOS]
- 2014 MLB World Series - Game 2: Kansas City Royals 7, San Francisco Giants 2 [PHOTOS]
- NFL Thursday Recap - Denver Broncos 35, San Diego Chargers 21: Peyton Manning Has 3 TDs In Easy Win [PHOTOS]
- 2014 MLB World Series Game 3: Kansas City Royals 3, San Francisco Giants 2 [PHOTOS]
Join the Conversation
- Tourre on stand says email in SEC case 'not accurate'
- Syrian authorities blocking access to needy in Homs - Red Cross
- Faith in European Union at low ebb, EU poll says
- Former UBS banker gets 18 months, $1 million fine, for muni bid-rigging scheme
- U.S. judge halts challenges to Detroit's bankruptcy bid
- Xiaomi Redmi 1S vs. Sharp Aquos Crystal – Specifications, Features And Price Showdown
- Verizon Motorola Droid Turbo Leaked Live Images Surfaces, Scheduled To Get Unveiled On Oct 28
- Update HTC One M7 with LG G2 with Android 4.4.2 as Sprint OTA: Fixes and Installation
- U.S. Targets Buyers of ISIS Oil, Threatens Sanctions
- ISIS Syria Airstrike Bombing Has Killed 550 People, Civilians Included
- Russia Blocking OSCE Monitoring Of Its Border With Ukraine
- Russia Slams US 'Double Standards' In The Fight Against ISIS