Seoul places new sanctions on North Korea over arms build-up

The test-firing of a missile at Pyongyang International Airport (Korean Central News Agency/Korea News Service via AP, File)

South Korea has sanctioned eight people and seven companies suspected of engaging in illicit activities to finance North Korea’s growing nuclear weapons and missile programmes.

The move, which prohibits South Koreans from conducting any type of business with them without authorisation, was largely symbolic as there are little financial dealings between the rival Koreas.