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US House Foreign Committee Chairman Calls for Harsher North Korea Sanctions

© AP Photo / Carolyn KasterHouse Foreign Affairs Committee Chairman Ed Royce, R-Calif., speaks on Capitol Hill in Washington
House Foreign Affairs Committee Chairman Ed Royce, R-Calif., speaks on Capitol Hill in Washington - Sputnik International
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Chairman of the US House of Representatives Foreign Affairs Committee Ed Royce commented on the recently imposed US sanctions against North Korea, saying that the country should go further to sanction those financial institutions in Asia and beyond that are supporting the brutal and dangerous North Korean regime.

A logo is pictured outside Sony Pictures Studios in Culver City, California December 19, 2014 - Sputnik International
US Imposes Sanctions on North Korea Over Sony Hack: White House
WASHINGTON, January 3 (Sputnik) — The United States should impose additional financial sanctions on third-party, non-US entities that deal with officials and entities of North Korea that Washington deems responsible for a recent cyber-attack on Sony Pictures Entertainment, Chairman of the US House of Representatives Foreign Affairs Committee Ed Royce has said.

"We need to go further to sanction those financial institutions in Asia and beyond that are supporting the brutal and dangerous North Korean regime," Royce said in a statement Friday.

The US Treasury. - Sputnik International
US Sanctions on N Korea Target About Dozen Individuals and Entities
Royce welcomed new sanctions targeting nearly a dozen entities and individuals linked to the North Korean government, which the United States announced Friday. However, the committee chairman emphasized that many of those sanctioned on Friday were already the target of US sanctions.

Royce is the author of the North Korea Sanctions Enforcement Act, a piece of legislation, passed by the House last July, that targets North Korean officials by limiting their access to currency and other goods. In order to become law, the legislation would have to pass the US Senate and be signed into law by the president.

The legislation would give the US president authority to sanction third-country persons and banks that contribute to North Korean human rights abuses, smuggling, money laundering and proliferation.

US President Barack Obama - Sputnik International
US Hopes for International Support Over Sanctions Against N Korea: Official

Such a move would ratchet up existing sanctions by targeting US-persons and entities dealing with North Korea. Royce's legislation would also enforce additional monitoring and reporting requirements on banks dealing with North Korea and result in more thorough inspections of ships and aircraft arriving from the country.

New restrictive measures against North Korea come after a recent cyber-attack on Sony Entertainment over The Interview — a comedy about a plot to assassinate North Korean leader Kim Jong Un. The FBI said North Korea was behind the November 24 Sony hack, which resulted in a confidential data leak.

Pyongyang has denied the claim.

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