wnol.info July 19 2018

South Korea insists USA wants peace on peninsula

July 19 2018, 04:52 | Alonzo Simpson

South Korea insists USA wants peace on peninsula

South Korea insists USA wants peace on peninsula

The United States has imposed sanctions on 26 people as part of its non-proliferation designations for North Korea and nine banks, including some with ties to China, the US Treasury Department's Office Of Foreign Assets Control Sanctions said on Tuesday.

"The U.N. Charter stipulates individual member states' rights to self-defense".

Meanwhile, recent reports suggest that North Korean is sending its military jets to the east of the country in the wake of a flyover by U.S. bombers of the area last week.

South Korea's Foreign Ministry's statement quoted by Yonhap News Agency came hours after the North's Foreign Minister Ri Yong-ho accused U.S. President Donald Trump of declaring war with his Saturday tweet asserting that Pyongyang's regime "won't be around much longer".

North Korea is deploying military aircraft to the east of the country after U.S. B-1B bomber jets arrived in South Korea over the weekend, NHK World reports.

In Moscow, Russia's Foreign Ministry said it was working behind the scenes to find a political solution and that using sanctions against North Korea was nearly exhausted.

But with the North now possessing an enhanced nuclear capability, the possibility of bad destruction in South Korea, Japan and perhaps even the US West Coast has increased dramatically.

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"I just heard the North Korean chancellor speak at the UN".

On Tuesday, the administration designated eight North Korean banks, including Agricultural Development Bank, Cheil Credit Bank and International Industrial Bank.

North Korean businesses and ventures with Chinese partners must close within 120 days of the U.N. Security Council's September 11 approval of the latest sanctions, according to the Ministry of Commerce.

Speaking in Beijing, Chinese Foreign Ministry spokesman Lu Kang said war on the Korean Peninsula would have no victor.

The comments from foreign ministry spokesman Lu Kang reinforce China's position that all sides should avoid provoking each other following biting new United Nations economic sanctions on North Korea and a new exchange of threats between President Donald Trump and North Korean leader Kim Jong Un.

Park said President Moon told the meeting that Washington and Seoul agreed that pressure needed to be applied to North Korea, with the door to talks still open.

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