(Bloomberg) -- Namibia said it ended contracts with two North Korean companies to comply with United Nations Security Council sanctions imposed on the east Asian country because of its nuclear weapons and long-range missiles program.
Contracts with the Korea Mining Development Corp., which the U.S. says is an arms dealing company, and Mansudae Overseas Projects, which built a national monument and the official residence of the president in the southern African country, were terminated, Selma Ashipala_Musavyi, the permanent secretary at the Ministry of International Relations and Cooperation, said in an e-mailed statement on Thursday.
“In line with Namibia's foreign policy objectives, to foster respect for international law and treaty obligations, and promote international peace and security, and as a member of the United Nations, we are committed to contribute to the maintenance of international peace and security, in accordance with the provisions of the UN Charter,” she said. Diplomatic relations with North Korea will be maintained, she said.
The UN was probing the North Korea-built munitions factory to see if there has been a violation of sanctions, a diplomat said in March. Namibia said facility at the Oamites military base near the central town of Rehoboth was built in 2005, before the UN imposed sanctions on North Korea in 2006.
--With assistance from Peter Pae To contact the reporters on this story: Chamwe Kaira in Windhoek at ckaira1@bloomberg.net, Antony Sguazzin in Johannesburg at asguazzin@bloomberg.net. To contact the editors responsible for this story: Gordon Bell at gbell16@bloomberg.net, Karl Maier
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
