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North Korea: Pyongyang hit with fresh sanctions over launch of satellite

SOUTH KOREA and Japan imposed fresh sanctions on North Korea yesterday over its satellite launch on Sunday.And the US Senate was expected to follow suit with financial sanctions in a vote late yesterday.

Seoul said it would shut down operations at the industrial park in the border city of Kaesong — a landmark joint project with Pyongyang.

South Korean Unification Minister Hong Yong Pyo said at a news conference that the suspension of operations would stop the North from using hard currency earned there to develop nuclear and missile technology.

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