- The US sanctioned Chinese and a Russian entities on Wednesday for helping service the illegal cigarette and alcohol trade in North Korea.
- According to the US Treasury, North Korea’s cigarette smuggling has reportedly netted the Kim regime over $ 1 billion per year.
- Profits from the cigarette trade and other smuggling schemes are said to help fund the country’s missile and nuclear weapons program.
The US sanctioned Chinese and a Russian entities on Thursday for helping service the illegal cigarette and alcohol trade in North Korea that has reportedly netted the Kim regime more than $ 1 billion per year.
The US Treasury stated on Thursday that it was targeting individuals and entities involved in facilitating shipments of banned substances to North Korea. See the rest of the story at Business Insider
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