US sanctions NKorea foreign exchange bank | Bangkok Post: news

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US sanctions key N. Korea bank

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WASHINGTON - The United States on Monday slapped sanctions on North Korea's primary foreign exchange bank and four senior officials, upping the pressure on Pyongyang to abandon its nuclear program. 

White House National Security Advisor Tom Donilon speaks during a daily press briefing at the White House on May 17, 2012 in Washington, DC. The US on Monday slapped sanctions on North Korea's primary foreign exchange bank and four senior officials. Washington will "continue to work with allies and partners to tighten national and international sanctions," Donilon said.

The new US measures came as South Korea and the United States launched joint drills involving thousands of troops, defying the North's apocalyptic threat to repudiate the 60-year-old Korean War armistice in retaliation.

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