09.27.16

Administration Heeds Gardner’s Call to Impose Secondary Sanctions on North Korea’s Enablers

Treasury Sanctions China-Based Company and Four Chinese Nationals for Supporting North Korea’s Weapons Program

Washington, DC – The Obama Administration announced sanctions and indictments against four Chinese nationals and one China-based company, Dandong Hongxiang Industrial Development Company Ltd., for evading U.S. economic sanctions by using front companies to facilitate business with an entity tied to North Korea’s weapons of mass destruction (WMD) programThe sanctions are required by Senator Gardner’s (R-CO) North Korea Policy and Enhancement Act. The announcement precedes a Foreign Relations Subcommittee on East Asia, the Pacific, and International Cybersecurity Policy hearing on Wednesday, September 28th, 2016 at 10:00 a.m. that will examine the North Korean threat and the U.S. response.

 

Gardner, Chairman of the Foreign Relations Subcommittee on East Asia, the Pacific, and International Cybersecurity Policy, has repeatedly called on the Administration to impose secondary sanctions on individuals and entities tied to North Korea’s nefarious activities. Earlier this month, Gardner sent a letter to President Obama calling for immediate sanctions on Chinese entities that provide assistance to North Korea. 

 

“I welcome the Administration’s sanctions against Chinese nationals and a China-based company for their evasion of U.S. economic sanctions and propping up Kim Jong-un’s regime,” said Gardner. “This is a step in the right direction toward ratcheting up the pressure on North Korea. I urge the Administration to continue to move forward with the implementation of my North Korean Sanctions and Policy Enhancement Act to counter North Korean aggression and strengthen the U.S. response.”

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Cory Gardner is a member of the U.S. Senate serving Colorado. He sits on the Energy & Natural Resources Committee, the Foreign Relations Committee, the Commerce, Science, & Transportation Committee, and the Small Business & Entrepreneurship Committee, and is the Chairman of the Subcommittee on East Asia, the Pacific, and International Cybersecurity Policy.

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