Will go with phase-II sanctions on N Korea if 1st won’t work: Trump

Source: The Hitavada      Date: 25 Feb 2018 09:50:32

By Lalit K Jha,


Feb 24,


UNITED States (US) President Donald Trump on Saturday warned that he will go with phase two sanctions on North Korea if the first one won’t work, which will be very unfortunate for the world. Earlier, he had imposed the “heaviest-ever” sanctions on North Korea’s shipping companies in a bid to prevent the reclusive nation from acquiring nuclear weapons and developing intercontinental ballistic missiles. “If the sanctions don’t work, we’ll have to go phase two. And phase two may be a very rough thing. May be very, very unfortunate for the world,” Trump told reporters at a joint news conference with the visiting Australian Prime Minister Malcolm Turnbull. However, he hoped that the sanctions will work.

“We have tremendous support all around the world for what we’re doing. It really is a rogue nation,” he said. “If we can make a deal, it’ll be a great thing. If we can’t, something will have to happen. So we’ll see,” the US President said responding to a question on North Korea.

Earlier, the Trump Administration announced a series of sanctions – the largest so far – against the authoritarian North Korean regime. “North Korea -- we imposed today the heaviest sanctions ever imposed on a country before,” Trump said in his remarks to Conservative Political Action Conference. “Frankly, hopefully something positive can happen. We will see,” he hoped.

“This action targets the deceptive shipping practices that have enabled the Kim regime to fund its dangerous weapons programmes,” US Treasury Secretary Steven Mnuchin told reporters at a White House news conference.
The latest American actions target shipping and trade companies, vessels and individuals across the world who are working on North Korea’s behalf, he said as he announced imposing sanctions against 27 entities, 28 vessels, and one individual.All of them are involved in sanctions evasion schemes, he said.

These shipping and trade companies, vessels and one individual, totaling 56 designations are located, registered or flagged in countries all over the world, including North Korea, China, Singapore, Taiwan, Hong Kong, Marshall Islands, Tanzania, Panama and Comoros. “Today’s actions will significantly hinder North Korea’s ability to conduct evasive maritime activities that facilitate illicit coal and fuel transports, and limit the regime’s ability to ship goods through international waters,” Mnuchin said.