March 02, 2024

Why recent U.S. sanctions target Russia, not China

The latest designations suggest the Kremlin is not seen as a useful partner in dealing with the DPRK

Against the steady tempo of North Korean missile launches, the United States Office of Foreign Assets Control (OFAC), an agency of the U.S. Department of the Treasury, took further action against North Korea on June 1. The most recent set of sanctions fall under the provisions of Executive Orders 13382, 13687 and 13722.

Two North Korean banking officials based in Moscow had been previously named under the provisions of Executive Order 13722. This time, however, OFAC's sanctions have targeted North Korea's Russian partners directly, laying sanctions against Russian company Ardis-Bearings LLC for its ties to the North Korean company Tangun. The Treasury also sanctioned Ardis-Bearings' director, Igor Michurin.

Become a member for less then $4 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.