Singapore — Singapore has suspended trade relations with North Korea, the latest of Pyongyang’s major trade partners to cut commercial ties under toughening UN sanctions over its weapons programme, a customs notice obtained on Thursday showed. The move comes about two months after the US imposed North Korea-related sanctions on a number of firms and individuals, including two entities based in Singapore. "Singapore will prohibit all commercially traded goods from, or to, the Democratic People’s Republic of Korea (DPRK)," the city-state’s customs said in the notice sent to traders and declaring agents last Tuesday, referring to the country by its official name. The suspension would take effect from November 8, Fauziah A Sani, head of trade strategy and security for the director-general of customs, said in the notice. Repeated breach of the new prohibitions was punishable by a fine of up to S$200,000 ($147,340.50) or four times the value of the goods traded, imprisonment of up to thre...
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