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Reuters
Reuters
Business

Yellen says U.S. to work with Seoul to limit North Korea's nuclear ambitions

A North Korean flag flutters at the propaganda village of Gijungdong in North Korea, in this picture taken near the truce village of Panmunjom inside the demilitarized zone (DMZ) separating the two Koreas, South Korea, July 19, 2022. REUTERS/Kim Hong-Ji/Pool/Files

U.S. Treasury Secretary Janet Yellen said on Tuesday Washington will continue to work with South Korea to limit North Korea's development of nuclear and missile programs.

In a speech prepared for a bilateral meeting with South Korean counterpart Choo Kyung-ho, she said the two will explore a price cap on Russia oil aimed at limiting revenues flowing to Moscow and other ways to hold Russia accountable for its war against Ukraine.

(Reporting by Cynthia Kim, Editing by Louise Heavens)

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