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HONG KONG (AP) - A U.S. Treasury Department delegation was in Macau on Monday discussing with local officials how to resolve sanctions on a bank that allegedly was involved in North Korean money laundering and counterfeiting.
The visit came about two weeks after North Korea agreed in six-nation talks to take initial steps to abandon its nuclear weapons program in return for aid. Washington agreed on the meeting's sidelines to settle the financial sanctions by mid-March.
On Monday, Dale Kreisher, spokesman at the U.S. Consulate General in Hong Kong, declined to say whether Washington was ready to lift the sanctions on Banco Delta Asia, accused of helping North Korea's money laundering and counterfeiting.
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