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Tokyo, Seoul take action against Pyongyang

10:58am GMT - 00:49

Japan, South Korea take diplomatic and economic action in response to North Korea's satellite launch. Katie Sargent reports.

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Japan is imposing sanctions on North Korea in response to its rocket launch on Sunday. Japan's chief cabinet secretary Yoshihide Suga says remittances of money to North Korea in principle would be forbidden. North Korea said the launch put a satellite into orbit, but the United States and its allies say it's a cover for the development of ballistic missile technology. South Korea also took action Wednesday. The parliament passed a resolution condemning the rocket launch. The resolution urged the north to stop provocative actions such as a long-range missile launch and nuclear tests. At the same time the Unification Minister said South Korea would suspend operations at the jointly-run Kaesong Industrial Complex. That would cut off an important source of revenue for the impoverished north.

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Tokyo, Seoul take action against Pyongyang

10:58am GMT - 00:49