U.N. mulls more sanctions on N. Korea for arms deal ship

NEW YORK, March 5 (Yonhap) -- The United Nations Security Council is expected to impose additional sanctions on North Korea for the attempted shipment of arms from Cuba to the peninsula last July, a diplomatic source here said Wednesday.

The council's sanctions committee has concluded that two entities were involved in the shipment by the North Korean vessel, Chong Chon Gang, caught by Panamanian authorities, the source said.

The committee has begun discussions on the level of punishment as it has reached a consensus that the North violated U.N. Security Council resolutions, the source said.

"The North Korea sanctions committee recently received a formal proposal to add two North Korean shipping firms to the list of sanctions," said the source.

The two include Ocean Maritime Management (OMM), a Pyongyang-based company with links to the North Korean government that is also the registered manager of the Chong Chon Gang. The other is Chinpo Shipping Co., registered in Singapore, allegedly used for the payment of costs for the Chong Chon Gang's operation.

If the U.N. imposes sanctions on the two companies, the number of North Korean entities subject to U.N. sanctions will increase to 25.

<All rights reserved by Yonhap News Agency>