EU Slaps Sanctions On Additional North Korean Nationals

       Swiss stocks were among those under pressure in Wednesday’s trade

Shutterstock Swiss stocks were among those under pressure in Wednesday’s trade

European Union foreign policy chief Federica Mogherini will convene an extraordinary meeting of ambassadors next week to discuss the diplomatic crisis surrounding North Korea's nuclear arsenal, the bloc's external action service announced Friday evening.

The European Union has responded to the North Korean threats to send a salvo of missiles toward the USA territory of Guam by expanding the sanctions blacklist to align the EU's punitive measures with a new United Nations Security Council resolution.

In a press release published on its website on Thursday, the EU Council added nine individuals and four entities to its sanctions list.

The tensions around North Korea have been high for some time due to Pyongyang's missile and nuclear program.

The EU also urged North Korea to immediately halt provocations, while calling on other related countries to seek the denuclearization of the Korean Peninsula through peaceful ways. The document also obliges states not to allow vessels into their ports if they were reported as violating the sanctions regime by the UN Security Council's special committee, with exception given to cases of emergency.

Pyongyang promised to retaliate against the United States, which led to US President Donald Trump warning on Tuesday that Washington would respond with "fire and fury" to any possible threats.

Kim will "truly regret it and he will regret it fast" if he utters an overt threat at Guam or any territory belonging to the USA or its allies, Trump added.

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