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US Slaps Sanctions Over Alleged Arms Deals Between North Korea, Russia


FILE - Russian Security Council Deputy Chairman Dmitry Medvedev, left, visits a military training ground in Volgograd, Russia, on June 1, 2023. The U.S. on Aug. 16, 2023, imposed sanctions on three entities it accused of being tied to arms deals between North Korea and Russia
FILE - Russian Security Council Deputy Chairman Dmitry Medvedev, left, visits a military training ground in Volgograd, Russia, on June 1, 2023. The U.S. on Aug. 16, 2023, imposed sanctions on three entities it accused of being tied to arms deals between North Korea and Russia

The United States on Wednesday imposed sanctions on three entities it accused of being tied to arms deals between North Korea and Russia as Washington cracks down on those seeking to support Russia's war in Ukraine.

The U.S. Treasury Department in a statement said that Russia has increasingly been forced to turn to North Korea and other allies to sustain its war in Ukraine as it expends munitions and loses heavy equipment on the battlefield.

The action is the latest by Washington, which has imposed rafts of sanctions targeting Moscow and Russian President Vladimir Putin since the start of the war, which has killed tens of thousands of people and turned cities to rubble.

“The United States continues to root out illicit financial networks that seek to channel support from North Korea to Russia’s war machine,” Treasury's Under Secretary for Terrorism and Financial Intelligence Brian Nelson said in the statement.

“Alongside our allies and partners, we remain committed to exposing and disrupting the arms trade underpinning Putin’s brutal war in Ukraine."

The entities targeted in Wednesday's action are Limited Liability Company Verus, Defense Engineering Limited Liability Partnership and Versor S.R.O.

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    Reuters

    Reuters is a news agency founded in 1851 and owned by the Thomson Reuters Corporation based in Toronto, Canada. One of the world's largest wire services, it provides financial news as well as international coverage in over 16 languages to more than 1000 newspapers and 750 broadcasters around the globe.

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