April 24, 2024

US, ROK sanction Russia and China-based targets funding North Korean nukes

Joint measures aim to curtail DPRK’s efforts to obtain foreign currency via overseas IT workers and blacklisted banks

The U.S. and South Korea have imposed coordinated sanctions on individuals and entities linked to money laundering in support of North Korea’s nuclear and missile development, the allies announced Wednesday.

The U.S. Treasury’s Office of Foreign Assets Control (OFAC) sanctioned six individuals and two entities based in Russia, China and the United Arab Emirates (UAE), according to a press release

Become a member for less than $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.