U.S. Treasury expands unilateral sanctions against North Korea | NK News
NK News Logo
December 14, 2024

NK News is hiring

News

U.S. Treasury expands unilateral sanctions against North Korea

New regulations target officials, Air Koryo, and North Korean banks, among others

The U.S. has unveiled new targeted sanctions against North Korean financial, energy, labor exportation and transportation operations, the Department of the Treasury announced on Friday.

The treasury’s Office of Foreign Assets Control (OFAC) latest blacklist includes seven North Korean officials, 16 entities and 16 aircraft and comes in response to the North’s fifth nuclear test in September this year.

Become a member for less
than $5.75 per week.

  • Unlimited access to all of NK News: reporting, investigations, analysis
  • The NK News Daily Update, an email newsletter to keep you in the loop
  • Searchable archive of all content, photo galleries, special columns
  • Contact NK News reporters with tips or requests for reporting
Get unlimited access to all NK News content, including original reporting, investigations, and analyses by our team of DPRK experts.
Subscribe now

All major cards accepted. No commitments – you can cancel any time.