South Korea says it has imposed sanctions on a North Korean company and five of its senior officials following Pyongyang's recent attempt to launch a military reconnaissance satellite.
The South Korean Foreign Ministry said on Friday that the company and the five officials have been involved in illicit financing for weapons of mass destruction programs.
The administration of South Korean President Yoon Suk-yeol has imposed sanctions on 54 individuals and 51 organizations since he assumed office in May last year.
The ministry said North Korea will pay the price for its provocations. It also said South Korea will work with the international community, including the United States and Japan, to stop North Korea's reckless acts.