North Korea's intricate overseas financial network is creaking under the strains of Washington's economic screws on the impoverished nuclear armed regime, a research report said.
The United Nations, United States, European Union and several individual countries have slapped multiple sets of economic sanctions on the North for its menacing nuclear and ballistic missile programmes, forcing Pyongyang to come up with illicit ways to evade them.
The North operated a complex offshore financial network to maintain the flow of hard currency, said a report by Washington-based security research group C4ADS and the Sejong Institute in Seoul.
But doing so meant Pyongyang had lost control of its assets, it added.
GMT 06:49 2017 Wednesday ,29 November
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N. Korea says to make 'important announcement' at 0330 GMTMaintained and developed by Arabs Today Group SAL.
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All rights reserved to Arab Today Media Group 2021 ©
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