The EU has implemented a UN exemption to its sanctions on North Korea, allowing for certain transactions with North Korean entities Foreign Trade Bank and Korea National Insurance Company. The exemptions allow transactions with FTB or KNIC if they are solely for the operation of diplomatic missions in North Korea or humanitarian activities that are undertaken by, or in coordination with, the UN.
Maya Lester QC is a senior barrister (Queen’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. The legal directories say she is the...See profile for Maya Lester QC >