EU implements new UN DPRK listings

The EU has implemented the UN’s new designations on its sanctions on North Korea, which include the state-owned Foreign Trade Bank and individuals in N Korea’s financial sector (see previous blog).  The EU has yet to implement the other elements of the UN’s new sanctions on North Korea, such as prohibitions on North Korean coal and iron exports, but said in its press release that it would do so soon. See Implementing Regulation 2017/1457 amending Regulation 329/2007 and Implementing Decision 2017/1459 implementing Decision 2016/849. The EU’s notice is here.

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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