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U.S. blocks $31.69 mil. of N. Korea’s funds under economic sanction program targeting terrorist organizations Updated: 2021-09-09 12:29:08 KST

Last year, the U.S. blocked more than 30 million dollars of North Korean funds, as part of an economic sanction program targeting international terrorist organizations.
According to an annual report by the U.S. Treasury Department Wednesday local time, around 140 million dollars in assets related to three countries designated as sponsors of terrorism including Iran, Syria and North Korea were blocked in 2020.
This includes nearly 31.7 million dollars of funds from the North, which is 80-thousand dollars more than the amount in 2019.
North Korea was redesignated as a sponsor of terrorism by the State Department in 2017.
The sanctions not only target the government but also individuals and entities acting on its behalf, so the reported figure may include blocked assets from all these parties.
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