US introduces new sanctions against North Korea

US President Obama has signed into law new sanctions on North Korea, following the country’s recent nuclear and ballistic missile tests (see previous blog).  The US Congress passed the bipartisan bill HR 757 last week.

The new sanctions extend a ban on exporting goods to North Korea to cover all items set out in Section 6(j) of the Export Administration Act 1979 (50 U.S.C. 4605) and broaden the scope of asset blocking rules to include entities controlled by or acting on behalf of a blocked person.  Previously, the rules only applied to entities owned 50% or more by a blocked person.

The Act also significantly extends secondary sanctions, ie those applying to non-US persons outside of the US, so that they automatically block any person, US or otherwise, that has breached certain prohibitions.  Breaches include importing or exporting banned items relating to nuclear proliferation, chemical and biological weapons, and missile technology, facilitating censorship by the Government of North Korea, or facilitating the import of luxury goods to North Korea.

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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