Additionally, five North Korean shipping companies were sanctioned, along with the North Korean Ministry of Crude Oil Industry.
US President Donald Trump and North Korean leader Kim Jong Un have traded insults, and both leaders have threatened nuclear war. While Beijing and Moscow have supported United Nations restrictions, they bristle at Washington imposing unilateral sanctions to bolster the pressure campaign. And that's why it's key to have the current thaw in inter-Korean relations lead to a dialogue between Washington and Pyongyang before the Olympics wraps up in March.
Reunification of the Korean Peninsula has always been an aspiration of the North; however, it should be noted that this is unification under North Korean leadership.
Some South Korean opposition politicians and conservatives have criticised Seoul's response to North Korea's participation in the games, saying Kim was using North Korea's involvement for his own purposes.
Americans Tarah Kayne and Danny O'Shea and Ashley Cain and Tim LeDuc, who are not going to the Olympics, went one-two at the event that lacked the world's top 10 pairs.
It also bans anyone from buying more than the allowed amount of coal or iron mined in North Korea.
North Korea in an "announcement to all Koreans" on Thursday called for a permanent halt to the joint South Korea-U.S. military drills, the official [North] Korean Central News Agency reported. Others are based in Russian Federation and Abkhazia, a breakaway province of Georgia.
The two Koreas agreed last week to hold cultural events at Mt. Kumgang and conduct skiing exercises for their non-Olympic athletes at Masikryong Ski Resort on the North's east coast.
North Korea conducts most of its trade through its northern neighbor China and is believed to rely on banks and companies in that country to connect with the worldwide financial system.
Treasury named the firms as Beijing Chengxing Trading Co Ltd and Dandong Jinxiang Trade Co Ltd.
Under a 2015 deal between Japan and South Korea, reached by Abe and Moon's predecessor, Japan apologised to former "comfort women" and provided a 1 billion yen ($9 million) fund to help them.
The North has shown rapid progress toward its goal of developing a nuclear weapon that could reach the US mainland.
On concerns about a growing trade dispute between Seoul and Washington, she said the US has a "very strong alliance partnership and friendship" with South Korea and that won't change.
"Let all Koreans rise up in the peace-keeping struggle against war to baffle the reckless nuclear war moves of the US which brings disaster to this land, setting unsafe flames!" the North's propaganda read.