February 25, 2024

OFAC sanctions entities and individuals based abroad, Russia and China

Designations reveal North Korean agents operating for long sanctioned entities abroad

The U.S. Department of the Treasury has imposed new sanctions against 16 individuals, nine entities, and six vessels in response to North Korea's ongoing pursuit of weapons of mass destruction and violations of existing UN resolutions, a press release announced on Wednesday.

Among the individuals designated, 10 of the 16 were identified as North Korean representatives of the Korea Ryonbong General Corporation - an entity already sanctioned by both the UN and U.S. for its support for Pyongyang's WMD programmes and involvement in military-related sales.