February 25, 2024

US to impose new sanctions against North Korea for first time under Biden

Office of Foreign Assets Control to sanction DPRK prosecutor’s office, animation studio and top official on Friday

The U.S. Office of Foreign Assets Control (OFAC) will sanction North Korea’s central prosecutors’ office, one of its animation studios and a high-level official, as well as seven DPRK-related foreign individuals and entities, an informed source told NK News on Friday.

The new sanctions, to be announced Friday (U.S. time), will mark the first such measures imposed under the Biden administration — and the first in a year’s time. The administration has maintained it will continue to enforce the existing sanctions regime against North Korea but had not announced any new ones until now.