U.S. renews restrictions on N. Korea for lack of progress on eliminating human trafficking
- 5 years ago
The Trump administration has renewed a ban on funding to several countries, including North Korea,... for failing to meet Washington's minimum standards on eliminating human trafficking.
According to a Presidential Determination issued by the White House,... the U.S. will be prohibited from providing the North with non-humanitarian or non-trade related assistance for another year,... until the regime makes significant progress on the issue.
It will also stop multilateral development banks and the IMF providing loans to the North.
The measures are seen as symbolic, as Washington has already cut off all funding to Pyeongyang.
It marks the 16th consecutive year for North Korea to be blacklisted for human trafficking.
According to a Presidential Determination issued by the White House,... the U.S. will be prohibited from providing the North with non-humanitarian or non-trade related assistance for another year,... until the regime makes significant progress on the issue.
It will also stop multilateral development banks and the IMF providing loans to the North.
The measures are seen as symbolic, as Washington has already cut off all funding to Pyeongyang.
It marks the 16th consecutive year for North Korea to be blacklisted for human trafficking.