EU implements UN sanctions on DPRK

The EU has amended the regulation underlying its sanctions regime on DPRK (North Korea) to implement in the EU the wide-ranging new sanctions introduced by the UN in March, set out in Decision 2016/476 (see previous blog).  These sanctions include a ban on importing North Korean coal, iron, and iron ore, a prohibition on financial institutions opening new branches, subsidiaries, or representative offices in North Korea, and make any cargo originating in or destined for North Korea liable for inspection.

See Regulation (EU) 2016/682 amending Regulation 329/2007.

This entry was posted in Latest EU Measures, North Korea 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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