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Analysts call for tighter on North Korea sanctions.

Global Banking News-March 20, 2019--Analysts call for tighter on North Korea sanctions

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Global Banking News - 20 March 2019

Analysts have called for tighter controls on North Korea and have suggested that domestic banks in the nation have to be targeted.

Analysts said that the US should target banks that facilitate illicit transactions for the government.

The recommendations come as it has emerged that North Korea has been thwarting sanctions through illegal means such as ship-to-ship transfers of embargoed goods and the operation of shell firms abroad.

Even though sanctions are said to be working in the nation, analysts have called for tighter sanctions in order to put pressure on the nation to cut back on its nuclear-weapons programme.

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Publication:Global Banking News (GBN)
Date:Mar 20, 2019
Words:147
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