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Treasury puts North Korean bank on blacklist

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posted on Oct, 24 2009 @ 05:02 AM
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The U.S. Treasury Department blacklisted a North Korean bank on Friday, saying it was involved in North Korea's arms dealing.

Treasury said in a statement that Amroggang Development Bank was being added to a list of proliferators of mass destruction because it was owned or controlled by North Korea's Tanchon Commercial Bank.

Please visit the link provided for the complete story.

Source: www.reuters.com...

Strange that Americans are banned from doing business with this bank when it's well known that the United States is the foremost supplier of weapons in the world.


www.reuters.com...

I always thought competition was a good thing. Apparently the Treasury Department feels otherwise.

It brings up the nagging questions of the roll of the United States on the world stage. Who are we to determine what other countries do?

It also brings up the question of what right does the government have to regulate who our citizens do business with? After all the US government does business with states like Israel.

Are you investing in terrorism?

[edit on 10/24/2009 by whatukno]




posted on Oct, 25 2009 @ 10:10 PM
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reply to post by whatukno
 


Hmmm, They are banning citizens from the bank? LOL they probably lost an arms deal to them,business competitors.....



 
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