New UN sanctions on North Korea

un-security-council-1As foreshadowed earlier this week (see previous blog), the UN Security Council has now imposed new sanctions on North Korea (DPRK) in response to its nuclear test on 9 September 2016.

The new measures, contained in Resolution 2321, impose an annual cap on North Korean coal exports, reducing their volume by around 60%.  They also prohibit North Korean exports of copper, nickel, silver, zinc, and statues, and impose asset freezes and travel bans on 11 people and 10 entities for alleged ties to North Korea’s nuclear and ballistic missile programmes.  They also require Member States to limit North Korean diplomatic missions to one bank account each, in an effort to prevent North Korea from using them for illicit activities.

This entry was posted in North Korea, United Nations 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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