Breaking News | No aerospace firms among Chinese, Russian entities Treasury just sanctioned for North Korea ties

August 22, 2017 View this email in your browser No aerospace firms among Chinese, Russian entities Treasury just sanctioned for North Korea ties WASHINGTON — No aerospace firms were among the 16 Chinese and Russia entities the U.S. Treasury Department sanctioned Aug. 22 for supporting North Korea's nuclear and ballistic missile programs. The 10 companies and six individuals targeted by Treasury's Office of Foreign Assets Control are alleged to have conducted  business with North Korea in violation of United Nations' sanctions aimed at denying Pyongyang outside funding for its weapons programs. Most of the entities Treasury is targeting are directly or indirectly involved in buying and selling North Korean coal, oil and mineral resources. Treasury also sanctioned firms and individuals involved in sending North Korean laborers abroad to build statutes. The sanctions were announced a week after the New York Times linked North Korea's recent spate of successful missile tests to black-market purchases of Ukrainian and Russian propulsion technology.  See Full Story Sponsored by Delivering Affordable, Intelligent Solutions: Honeywell has unequalled expertise in developing and manufacturing hardware and systems to meet the high performance demands of space missions. We are helping to create the next generation of space flight excellence. Copyright © 2017 SpaceNews Inc., All rights reserved. Our mailing address is: SpaceNews Inc. 1414 Prince St, Suite 204 Alexandria, VA 22314