US President Obama signed a new law imposing sanctions against North Korea
The sanction signed was passed by Congress in second week of February 2016 after North Korea refused to stop its nuclear programme.
United States (US) President Barack Obama on 18 February 2016 signed off a new law imposing new sanctions against North Korea. The new law is titled North Korea Sanctions and Policy Enhancement Act of 2016.
The new law prescribing sanctions is aimed at punishing North Korea for its provocative recent nuclear test and rocket launch.
The law was passed by the US Congress on 12 February 2016 after North Korea refused to stop its nuclear programme.
The law calls for imposing mandatory sanctions on those assisting Pyongyang due to its nuclear and missile programs, cyberattacks, human rights abuses and imports of luxury goods.
The sanctions also aim at chocking off sources of cash for the regime by sanctioning trade in coal, minerals and precious metals. It blacklists those helping Pyongyang's money laundering, counterfeiting, cash smuggling and narcotics trafficking.
Pyongyang in January 2016 earned a global rebuke when it announced it had successfully tested a hydrogen bomb.
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