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EU calls North Korea's nuclear program 'illegal,' imposes new sanctions on the Asian nation

EU finance ministers, condemning the Feb. 12 nuclear test by North Korea, have imposed trade and economic sanctions on the Asian nation.

A statement by the 27 European Union finance ministers, who met Monday in Brussels, said they condemn the test "in the strongest terms" and demand that North Korea abstain from further tests. The statement also urged North Korea to sign the Comprehensive Nuclear Test Ban Treaty without delay.

Monday's action brings the number of North Koreans subject to a travel ban and an asset freeze to 26, and the number of sanctioned companies to 33. The ministers also banned the export of components for ballistic missiles, such as certain types of aluminum, and prohibited trade in new public bonds from North Korea.