Switzerland implements UN sanctions on N Korea

Switzerland1Switzerland has adopted a series of sanctions against DPRK, implementing UN Security Council Resolutions 2371 (2017) and 2375 (2017). Work permits will no longer be issued to citizens of DPRK and, in the financial sector, joint ventures and cooperative entities, both ongoing and new, with links to DPRK, have been prohibited. Financial transactions with DPRK have been prohibited, except those solely for the operation of diplomatic or consular missions or for humanitarian activities. The ban on trade goods has been extended. The handling of goods bound for or coming from DPRK, or from ship to ship with a DPRK vessel, has been prohibited. For the Swiss press release, click here.

This entry was posted in North Korea, Switzerland, 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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