China 'Preparing Its Own Sanctions on N.Korea'

      July 10, 2009 12:12

      China is preparing to impose independent sanctions on North Korea, according to a senior U.S. State Department official. The official in a press briefing held on Wednesday said China is in the process of developing its own implementation plan to impose sanctions on North Korea.

      That suggests China is willing to cooperate with the U.S. The remarks come after a series of visits to China by Deputy Secretary of State James Steinberg and Ambassador Philip Goldberg, the U.S. coordinator for the implementation of UN sanctions, in the wake of the UN Security Council's adoption in June of Resolution 1874 sanctioning North Korea for its nuclear test.

      North Korea's international activities are apparently being strangled. The U.S. official said since the sanctions were imposed, the names of North Korean banks are found less frequently in some countries and North Korean enterprises are changing their names. He added ASEAN member states are also cooperating, having promised to enforce Resolution 1874.

      Meanwhile, U.S. Senator Sam Brownback on Wednesday introduced a bill to relist North Korea as a country sponsoring terrorism and impose new economic sanctions.

      This bill envisages the U.S. Treasury Department banning transactions between American banks and foreign banks with a history of dealing with the North Korean government or senior North Korean officials. The bill also envisages the U.S. State Department returning North Korea to the U.S. terror blacklist, from which it was struck last October.

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