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UN sanctions were first imposed on North Korea in October 2006, pursuant to UN Security Council Resolution 1718, in response to its nuclear weapon and ballistic missile tests. Between 2006 and 2016, the sanctions consisted of an arms embargo, a prohibition on exports to and imports from North Korea of nuclear- and ballistic missile-related items, and targeted asset freezes and travel bans on people and entities identified as being involved in or providing support for North Korea’s nuclear or ballistic missile programmes.
The EU has de-listed former North Korean Ambassador to Egypt Pak Chun Il from its North Korea sanctions regime following his death. He had originally been listed in November 2016. In addition, it has updated the statement of reasons for 17 people and 1 entity and the identifying information for 59 people and 5 entities. Council Decision (CFSP) 2022/1336 & Council …
Manfred Low Cheng Jing, a Singaporean national, is reported to have been sentenced to 15 weeks’ imprisonment for obstructing investigations into alleged violations of UN sanctions on North Korea. In 2018, Mr Low was a director of Yuk Tung Energy, an oil trading and bunkering company that was being investigated by the Singapore Police Force over an alleged ship-to-ship transfer …
On 27 May 2022, OFAC designated North Korean national Jong Yong Nam and Air Koryo Trading Corporation (AKTC) pursuant to Executive Order (E.O.) 13382. Mr Jong is said to act as a Belarus-based representative for an organisation subordinate to the Second Academy of Natural Sciences (SANS), whilst AKTC is said to have links to the Munitions Industry Department. Both SANS …
The UN Security Council has failed to adopt a resolution that would have strengthened the UN’s North Korea sanctions regime following the country’s recent ballistic missile launches. The US-tabled draft resolution had the support of 13 members but was vetoed by China and Russia. Press Release. See previous post for details of a UNSC meeting on North Korea sanctions.
The US State and Treasury Departments and the Federal Bureau of Investigation (FBI) have issued an advisory on the risks associated with North Korean IT workers who seek to obtain employment whilst posing as non-North Korean national. According to the advisory, people and entities engaged in or supporting activity related to these workers, or processing related financial transactions, risk sanctions …
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North Korea