The Council of the European Union (EU) agreed on new sanctions against North Korea on Monday, targeting the country’s ability to generate funds supporting its nuclear and ballistic missile programs.

The measures imposed by the Council include a broad investment ban as well as other restrictions pertaining to oil and sending personal remittances to the DPRK.

“On 16 October 2017, the Council decided to further expand the ban on EU investment in and with the DPRK to all sectors, to lower the amount of personal remittances that could be sent to the DPRK from EUR 15,000 to EUR 5,000, and