HomeNewsWorldUS hits Chinese and Russian firms over breach of North Korea sanctions

US hits Chinese and Russian firms over breach of North Korea sanctions

The US Treasury said in a statement that Dalian Sun Moon Star International Logistics Trading and its Singapore-based affiliate SINSMS netted over $1 billion a year by exporting alcohol and cigarette products to North Korea.

August 16, 2018 / 10:27 IST
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Donald Trump
Donald Trump

The United States imposed sanctions on a Russian port service agency and Chinese firms on Wednesday for aiding North Korean ships and selling alcohol and tobacco to Pyongyang in breach of US sanctions aimed at pressuring North Korea to end its nuclear programs.

The US Treasury said in a statement China-based Dalian Sun Moon Star International Logistics Trading Co. Ltd and its Singapore-based affiliate SINSMS Pte. Ltd had netted more than $1 billion a year by exporting alcohol and cigarette products to North Korea.

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The department also sanctioned Russian-based Profinet Pte Ltd and its director general, Vasili Aleksandrovich Kolchanov, for providing port services on at least six occasions to North Korean-flagged ships.

Kolchanov was personally involved in North Korea-related deals and interacted directly with North Korean representatives in Russia, the Treasury department said.