Washington To Impose New Sanctions Against Communist Nation of North Korea

U.S. Secretary of State Hillary Rodham Clinton announced Wednesday that Washington will impose new sanctions on communist North Korea in a bid to stem the regime's illicit atomic ambitions.

Clinton , speaking at a joint news conference in Seoul after holding unprecedented security talks with U.S. and South Korean defense and military officials, said the sanctions are part of measures designed to rein in the regime's nuclear activities by stamping out illegal moneymaking ventures used to fund the program, The Associated Press reports.

The new sanctions, which will include freezing of some assets, are also aimed at barring North Korea from purchasing and selling arms

The high-level U.S. delegation arrived in Seoul this week to show support for South Korea over the sinking of its war ship.

The warship, called Cheonan, sank in March. A multinational investigation found North Korea responsible for the torpedo attack that killed 46 South Korean sailors, according to CNN.