President Putin has issued a decree which ends economic, scientific and technical ties between Russia and DPRK, in line with sanctions on N Korea imposed by UN Security Council resolution 2321 (2016). The decree was published on the Russian-state legal portal (link here).
The EU has adopted today new measures against DPRK, under Council Regulation (EU) 2017/1858, which expand the ban on EU investment in and with the DPRK to all sectors, decreases the amount of personal remittances that can be sent to the DPRK from €15,000 to €5,000, and imposes a prohibition on oil exports to the DPRK. The Council has also adopted Council Implementing Regulation (EU) 2017/1859, which adds 3 persons and 6 entities to the list of those subject to an asset freeze and travel restriction (for that list, see Annexes XV and XVI of Council Regulation (EU) 2017/1509).
These new measures add to those adopted by the EU on 10 October, which implemented the sectoral sanctions imposed by the UN Security Council resolution 2375 (2017) (for the previous blog, click here).
Pacific Aerospace Ltd, an aircraft manufacturing company based in Hamilton, New Zealand, has pleaded guilty in a New Zealand court to indirectly exporting aircraft parts to North Korea and is expected to be sentenced in January. Charges had been brought against the company by the New Zealand Customs Service in August 2017, see here.
The UN Security Council has banned 4 ships, pursuant to para 6 of UNSC resolution 2375 (2017), from entering any port for breaching sanctions on DPRK from 5 October. The ships, identified as the Petrel 8, Hao Fan 6, Tong San 2 and Jie Shun, had transported prohibited goods to and from DPRK. For the UN Security Council press release, click here.
The EU has implemented this in Council Implementing Regulation (EU) 2017/1897, which adds the 4 ships to the list of vessels subject to restrictive measures, as set out in Annex XIV to Council Regulation (EU) 2017/1509.
The EU, in adopting Council Regulation (EU) 2017/1836, has strengthened its restrictive measures against the DPRK by transposing the sectoral sanctions imposed by UN Security Council resolution 2375 (2017). That resolution was adopted on 11 September 2017 in response to the DPRK’s ongoing nuclear weapons and ballistic missiles-development activities, in violation of previous UN Security Council resolutions.
The measures introduced by UNSC resolution 2375 (2017) include a ban on the sale of natural gas liquids to the DPRK, and on the importation of its textiles. The new measures also include limitations on the sale of refined petroleum products and crude oil to the DPRK. In addition, member states shall not be permitted to provide new work authorisations to DPRK nationals to enter and work in their territory. The exemptions provided by the UN Security Council for humanitarian and livelihood purposes have also been transposed.
Further, as agreed by EU foreign ministers in Tallinn on 7 September, the Council is currently working on possible additional EU autonomous measures to complement and reinforce the UN Security Council sanctions.
For the Council’s full press release, click here.
OFAC has sanctioned 26 people linked to DPRK financial networks and 8 DPRK banks, in response to what the US has described as its ongoing violations of UN Resolutions and attempts to develop WMDs. The 26 people are all DPRK nationals working in China, Russia, Libya, and the UAE as representatives of DPRK banks. OFAC identified the Foreign Trade Bank and Central Bank of the Democratic People’s Republic of Korea as part of the Government of North Korea. Foreign Trade Bank was already designated by the US, and Central Bank is now also subject to US sanctions.
China has announced that it will begin to implement the most recent round of UN sanctions on North Korea (see previous blog). In a statement, China’s ministry of Commerce said that all exports of condensates and natural gas liquids to North Korea would be banned immediately, and from 1 October exports of refined petroleum products to North Korea would also be limited. Imports of North Korean textiles will also be banned immediately, with an exception for contracts signed before 11 September where import procedures are completed before 10 December.
Separately, Taiwan has decided to ban all trade with North Korea in order to comply with the latest UN sanctions, although it is not a member of the UN itself.
President Trump has imposed new sanctions on North Korea, in response to its latest nuclear and ballistic missile tests (see White House press release). The sanctions:
- Authorise the imposition of correspondent account restrictions or blocking sanctions on any foreign financial institution that knowingly conducts or facilitates any significant transactions involving certain designated persons or trade with North Korea generally
- Impose a 180-day ban on vessels and aircraft that have visited North Korea, or have been involved in a ship-to-ship transfer with a vessel that has visited North Korea in the last 180 days, from visiting the US
- Authorise the Secretary of the Treasury to block any funds originating from, destined for, or passing through accounts linked to North Korea that come within the US or possession of a US person
- Authorise the Secretary of the Treasury, in consultation with the Secretary of State, to impose sanctions on people involved in any of several industries in North Korea (construction, energy, financial services, fishing, IT, manufacturing, medical, mining, textiles, and transportation), North Korean ports, or at least one significant import/export to or from North Korea
Separately, the ambassadors of EU Member States are said to have provisionally agreed on a package of new sanctions on North Korea. If agreed to by EU Foreign Ministers at their next meeting on 16 October, the sanctions are expected to ban all EU investment in North Korea, add to the range of luxury goods it is prohibited to export to the country, and impose an oil embargo.