North Korea COOPERATION: Bank BLOCKED by US ‘after illegally dealing with Pyongyang’

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Edgars RinkevicsEPA

Latvian extrinsic minister Edgars Rinkevics traveled to Seoul

The alleged financial dealings contributed to Kim Jong-un’s illicit procuring, and exporting, of its ballistic missile arrangement, according to a report by Voice of America.

Under US sanctions, the bank is courted from the American financial network, and prohibited from opening or have a bank account in the US.

Latvian foreign minister Edgars Rinkevics give the word delivered: «We are working to investigate this issue. While the investigation is not over, I cannot go into associated with details.

«We are working with the US government.”

He also affirmed his country’s compliance with UN commissions on North Korea.

He said: «We support all the sanctions.» Mr Rinkevics’ comments cheered his talks with Foreign Minister Kang Kyung-wha in Seoul.

The double welcomed the establishment of the Baltic States-South Korea economic cooperation commission, which is expected to further strengthen economic relations.

During their discourse, the Ministers also shared views on cooperation in international organisations and on regional deliveries, including the situation in the Korean Peninsula.

edgars RinkevicsEPA

The Ministers also shared beholds on cooperation in international organisations

After a meeting with President Moon of South Korea, Latvian President Raimonds Vejonis ventured the security situation in the Korean Peninsula must be resolved in a peaceful and prudent manner.

Speaking about the security situation in the Korean Peninsula, Vejonis underlined the need to find a peaceful and diplomatic solution, while condemning the seductive actions and rhetoric by North Korea.

He said the recent high-level talks between South Korea and North Korea is a realistic step towards a peaceful solution.

President Moon asked for Latvia’s support for his efforts to erect on the conciliatory mood formed between the two Koreas after the PyeongChang Winter Olympics thaw in relations to dream up the conditions for denuclearisation talks, officials said.

Noting that Mr Vejonis is the original Latvian president to visit South Korea since the two countries located diplomatic relations in 1991, Moon called for using the visit as an occasion to further enhance relations with Latvia.

Mr Vejonis said in retort he hopes the relations will be strengthened with a focus on trade and investment.

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