Image: European Commission by tiseb on 2010-05-03 15:36:51
The European Commission has designated North Korean representatives and the German branch of the DPRK's national insurance company on Thursday for their possible contributions to North Korea's illicit weapons programs.The six individuals and one company now fall under the purview of Council Regulation (EC) No. 329/2007, which bars exports to North Korea which could be used to fund the nation’s WMD or missile programs, as well as freezing the funds of persons or organizations contributing to said programs.The organization newly under sanction is the Korea National Insurance Company (KNIC) GmbH, also known as the Korea Foreign Insurance Company
The European Commission has designated North Korean representatives and the German branch of the DPRK's national insurance company on Thursday for their possible contributions to North Korea's illicit weapons programs.
The six individuals and one company now fall under the purview of Council Regulation (EC) No. 329/2007, which bars exports to North Korea which could be used to fund the nation’s WMD or missile programs, as well as freezing the funds of persons or organizations contributing to said programs.
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