House Committee Approves Gabbard-Backed North Korea Sanctions Bill
February 27, 2015
Washington, D.C. – The House Committee on Foreign Affairs during a legislative markup today approved without objection North Korean sanctions co-sponsored by Congresswoman Tulsi Gabbard (HI-02).
The North Korea Sanctions Enforcement Act of 2015 (H.R. 757) requires the President to impose targeted sanctions on people or entities in other countries that contribute directly or indirectly to weapons development, arms trafficking, money laundering, and human rights abuses in North Korea.
“North Korean belligerence has grown instead of waned since last year’s discussion of ramping up sanctions against this dictatorial regime,” said Congresswoman Tulsi Gabbard, who traveled to the Korean Peninsula last year with a congressional delegation. “North Korea’s cyberattack in November against Sony Pictures and constant war-mongering from Pyongyang demonstrate the need to sanction people or nations that support North Korea’s dangerous nuclear ambitions.”
H.R. 757 also directs the U.S. Treasury Department to determine whether to restrict access to the U.S. financial system for North Korean banks and third party enablers. Sanctions can be waived for humanitarian aid and when a waiver supports U.S. national interests.
“In my travels to the Korean Peninsula and Northeast Asia, I spoke with our partners and heard firsthand their concerns about North Korea’s nuclear and missile threats and the instability this wreaks on the region,” Congresswoman Gabbard continued. “We cannot allow this nation to threaten people throughout the Asia-Pacific and the U.S., including Hawai‘i. My constituents should not live under the fear of being in the crosshairs.”