Republican Rep. Ed Royce said the North's access to hard currency was its "Achilles heel"
Acting Assistant Secretary of State for East Asian and Pacific Affairs Susan Thornton, (L), walks to her seat as Assistant Secretary of the Treasury for Terrorism and Financial Intelligence Marshall Billingslea, shakes hands with House Foreign Affairs Committee Chairman Ed Royce, Republican from California, at the start of a hearing on North Korea sanctions, Tuesday, September 12, 2017, on Capitol Hill in Washington. photo: AP/Jacquelyn Martin, photo: AP/Jacquelyn Martin
12 of September 2017 12:41:32
WASHINGTON – The Trump administration warned Tuesday that the U.S. will punish companies in China and Russia that don't comply with restrictions in the new international sanctions on North Korea.State Department and Treasury Department officials testified to the House Foreign Affairs Committee about the U.S. pressure campaign against North Korea's rapid progress toward a nuclear weapon that could strike the U.S.The hearing came a day after the U.N. Security Council imposed its latest sanctions over what North Korea says was a hydrogen bomb test Sept. 3, its most powerful atomic test yet. The council banned North Korean textile exports, an important source of hard currency, and capped its imports of crude oil.Treasury Assistant Secretary for Terrorist Financing Marshall Billingslea credited China and Russia's support of the U.N. resolution but said both countries "must do much more" to implement and enforce the sanctions, in the face of Pyongyang's ability to evade restrictions that have been progressively tightened for a decade.