September 27, 2017 1:58 AM

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US imposes sanctions on 8 North Korean banks, 26 executives

United States today imposed sanctions on eight North Korean banks and 26 bank executives, ratcheting up pressure on the country amid increasingly bellicose exchanges with Pyongyang over its nuclear programme.<br/>'<br/>US Treasury Secretary Steven Mnuchin said in a statement in Washington today that this further advances our strategy to fully isolate North Korea in order to achieve our broader objectives of a peaceful and denuclearized Korean peninsula. <br/>'<br/>All property and interest of the designated companies and individuals in the US are blocked by the sanctions. <br/><br/>'''''''<br/>

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