Home | Join | Login | Help | Chinese | GCP | Forum
 
Logistics Zone
Members
Resources
My Jctrans
Welcome jctrans.net!
Resources
   
Focus | News | Exhibition | Policies & Law | Industry Research | Tools Online
Home > Jctrans.net > News > Biz > Politics
 
 
U.S. says Macau unblocks frozen DPRK funds
POSTED: 11:13 a.m. EDT, April 11,2007

The United States said Tuesday that the Macanese authorities have unblocked the DPRK funds frozen at the Banco Delta Asia and authorized account holders can withdraw their money from the bank.

"I will let the Macanese authorities speak to how they want to put it but the bottom line is that they have unblocked these accounts and the account holders can -- authorized account holders can -- withdraw the funds from those accounts," State Department spokesman Sean McCormack said.

Earlier Tuesday, the U.S. Treasury Department said the United States supports the Macanese authorities to unblock all DPRK-related accounts currently frozen in the Banco Delta Asia.

"Based on previous discussions with Chinese, Macanese, and DPRK officials, as well as understandings reached with the DPRK on the use of these funds, the United States would support a decision by the Macanese authorities to unblock the accounts in question," the

Treasury Department said in a statement.

The DPRK funds were frozen after the United States blacklisted the Macanese bank for allegedly helping Pyongyang launder money. However, the bank has denied any wrongdoing.

The dispute over the frozen funds has put a gloomy prospect over whether the DPRK can meet a deadline of beginning to shut down its nuclear program as stipulated in the Feb. 13 nuclear agreement.

From:
Politics>>
Print | Save


RELATED
U.S.: Macau unblocks frozen DPRK funds (2007-4-11 11:00:00)
IMF: U.S. subprime mortgages not likely to destabilize global financial stabil.. (2007-4-11 10:15:00)
U.S. helicopter comes down in central Baghdad (2007-4-10 18:50:00)
Top IP official lashes out at U.S. WTO action against China (2007-4-10 18:47:00)
U.S. to deploy 12,000 National Guard troops to Iraq (2007-4-10 18:25:00)
China expresses regret, dissatisfaction over U.S. complaints at WTO (2007-4-10 15:25:00)
China's monthly trade surplus plummets to 6.9 bln USD in March (2007-4-10 15:23:00)
Chinese, US Universities to Set Up Confucius Institute (2007-4-10 14:58:00)
Shiites call for US to leave Iraq (2007-4-10 13:52:00)
China's trade surplus likely to drop in March (2007-4-10 10:20:00)
Thailand, Macao SAR signs MOUs to promote trade, tourism cooperation (2007-4-10 9:42:00)
U.S. to deploy 12,000 National Guard troops to Iraq (2007-4-10 8:58:00)

Today's Top News
 
Weekly Roundup

Freight Forwarder Korea
Forwarder in Japan
 
 
Tools Online
Cargo Tracking
Chinese Port Charge List
World Port
Country Code
Shipping Dictionary
Unite Conversion
                More>>
 
 
 
 
Home - Shipping - Airfreight - Integration - Member - Resources - My Jctrans - Links
About Us - Help - Contact Us
嶄猟利
Privacy Policy - Terms of Use
Copyright Notice 2000-2007 Jctrans.com Corporation and its licensors. All rights reserved.