The US sanctioned Chinese and Russian entities for helping North Korea cash in on its billion-dollar smuggling schemes

Thomson Reuters The US sanctioned Chinese and a Russian entities on Wednesday for helping service the illegal cigarette and alcohol trade in North Korea. According to the US Treasury, North Korea's cigarette smuggling has reportedly netted the Kim regime over $1 billion per year. Profits from the cigarette trade and other smuggling schemes are said to help fund the country's missile and nuclear weapons program. The US sanctioned Chinese and a Russian entities on Thursday for helping service the ...