Economics
Germany Working on New North Korea Sanctions Over Nuclear Threat
- Measures to limit activities of North Korea’s Berlin embassy
- Sanctions to prevent North Korea from earning hard currency
North Korea to Proceed With Nuclear Tests
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Chancellor Angela Merkel’s government is working on sanctions against a hostel in the German capital run by North Korea in response to the country’s nuclear threats.
The new measures, drawn up by the Chancellery and three other ministries, aims to stop North Korea from operating the hostel and congress center on its embassy’s premises in eastern Berlin as a source of foreign currency, the German Foreign Ministry said.