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US Considers Tightening Sanctions on N. Korea Updated: 2011-06-01 12:00:00 KST

US Considers Tightening Sanctions on N. Korea
The United States is considering expanding sanctions on North Korea to the same level as those imposed on Iran.
Legislation, called the 'Iran, North Korea, and Syria Sanctions Consolidation Act of 2011' that has been submitted to the US Senate, introduces tougher sanctions on the communist stateand aims to increase pressure on companies doing business with the North.
The bill, which is currently imposed on Iran, would expand an asset freeze on companies, groups or individuals selling military goods or technology to Pyeongyang and ban their access to the US banking system.
North Korea is already under United Nations sanctions for its nuclear and missile tests.
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