The Norwegian government banned investments in a wide range of North Korean industries on Monday, and on sales of specific services to the North Korean dictatorship. The sanctions come after North Korea launched yet another missle test during the night, in defiance of the UN Security Council’s resolutions.
Norway has remained one of the few countries in the world to remain on relatively good terms with North Korea, and its humanitarian aid was set to continue. The missile tests, however, “pose a threat to peace and stability in the regional and globally,” announced the government through its foreign ministry.
The bans will apply to weapons-related industry, the metals business and the aerospace industry. Sales of computer equipment and services related to mining operations, the chemical industry and refineries will also be banned to any people or entities in North Korea.
The sanctions were announced a few hours after North Korea tested a new air defense missile that was shot up from near the west coast city of Wonsan. The ballistic short-range missile flew 450 kilometers before landing in the Sea of Japan.