U.S. imposing new sanctions on North Korean bank - Obama aide


NEW YORK (Reuters) - The U.S. Treasury is imposing sanctions against North Korea's Foreign Trade Bank, the country's main foreign exchange institution, for its role in supporting Pyongyang's nuclear weapons program, President Barack Obama's national security adviser said on Monday.

In a speech to the Asia Society in New York, the White House aide, Tom Donilon, also said China should not conduct "business as usual" with North Korea while Pyongyang threatens its neighbours.

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