US House of Representatives approves further North Korea sanctions

Following North Korea’s claimed hydrogen bomb test last week (see previous blog), the US House of Representatives has approved a Bill that would permit more far-reaching US sanctions on North Korea.  If the “North Korea Sanctions Enforcement Bill” becomes law, it will block North Korea’s access to hard currency, impose asset freezes on additional financial institutions and individuals that support the country’s missile proliferation, illicit activities, and human rights violations, allow the imposition of travel bans, block access to US government contracts for facilitating North Korean policies, and sanction entities that export luxury goods to North Korea.  Senate Majority Leader Mitch McConnell has said that he anticipates a similar North Korea sanctions Bill being considered by the senate in the near future.

This entry was posted in North Korea, USA by Maya Lester QC. Bookmark the permalink.

About Maya Lester QC

Maya Lester QC has a wide ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. As the most recent (2016) Chambers & Partners directory put it, she "owns the world of sanctions". She spent 2011-12 in New York at Columbia Law School lecturing and writing on sanctions. She represents and advises hundreds of companies and individuals before the European and English courts and has acted in most of the leading cases, including Kadi, Tay Za, Central Bank of Iran, NITC and IRISL.

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