LIEBERMAN PRAISES NEW SANCTIONS ON NORTH KOREA

WASHINGTON, DC -- Senator Joseph I. Lieberman (ID-CT) today praised the joint announcement by the Department of State and Department of Treasury that new financial sanctions will be applied against North Korea:

“I strongly support the new actions taken by the Obama administration," said Senator Lieberman. "I am particularly encouraged that these new sanctions target individuals and entities that facilitate the North Korean regime's arms trafficking, procurement of luxury goods, money laundering, counterfeiting, and bulk cash smuggling.

"Targeting these activities -- which are the financial life blood of Kim Jong-Il's regime -- is a necessary and appropriate step in response to the sinking of the ROKS Cheonan and the broader threat of North Korean provocation and aggression, including its proliferation activities. Together with the ongoing joint exercises by the U.S. and ROK militaries, they send an unmistakable message to Pyongyang that acts of aggression will carry grave consequences."

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