G-7 countries agree to apply “maximum economic pressure” on North Korea
Source :NewsBharati   Date :13-Oct-2017

Washington, October 13: For a long time international community has been thinking to put more economic pressure on North Korea to stop its nuclear activities. Walking down the same road, Group of Seven finance chiefs promised to apply "maximum economic pressure" on North Korea. Due to the increasing threat posed by North Korean nuclear activities, the countries decided so.

The countries shared the recognition that they need to apply maximum economic pressure on North Korea by blocking the sources of North Korea’s income and preventing the country from abusing the international financial system.

All the representatives present in the meeting assured to continue close coordination to prevent North Korea from escaping the prevailing UN sanctions. “North Korea’s development of weapons of mass destruction and ballistic missiles poses a grave threat to international peace and security,” the vice finance minister for international affairs Masatsugu Asakawa said.

North Korean Foreign Minister Ri Yong Ho threatened on Wednesday to "shower fire" on the United States with "unprecedented strategic force." He described the nuclear nukes of his country as “sword of justice”.