The U.S. House of Representatives has passed a bill that imposes heavy sanctions on North Korea for its nuclear weapons and honors an American citizen who died after being held by the regime.
 
House lawmakers on Tuesday voted overwhelmingly in favor of the bill, which was renamed the "Otto Warmbier North Korea Nuclear Sanctions Act" after the 22-year-old University of Virginia student.
 
The bill, which passed in a 415 to two vote, aims to cut off North Korea's links to the global financial system, banning foreign financial institutions and firms that conduct business with North Korea from accessing the international financial system. 
 
Foreign companies hiring North Korean workers are also subject to the financial sanctions. 
 
The bill also prohibits aid from international financial institutions for countries which do not implement UN Security Council sanctions against North Korea. 
 
The bill, which was unanimously adopted by the House Financial Services Committee earlier this month, is effectively a secondary boycott as it targets Chinese banks and companies. 

[Photo : ]