WebMar 2, 2024 · The department's Office of Foreign Assets Control on Wednesday designated two North Korean firms, Chilsong Trading Corporation and Korea Paekho Trading Corporation. Chilsong acts as a front... WebMar 1, 2024 · The Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioned Chilsong Trading Corporation, which it says is used by North Korea to earn foreign currency and collect intelligence ...
North Korea: Human rights remains on agenda of UN Security …
WebMar 1, 2024 · “Chilsong is subordinate to the Government of North Korea, which uses trading companies like Chilsong to earn foreign currency, collect intelligence, and … WebChilsong Trading Corporation (North Korea) and its sub-units and successors. Korea Kuryonggang Trading Corporation (North Korea) and its sub-units and successors. Accordingly, the following sanctions are being imposed on these entities for two years: (A) Denial of all new individual licenses for the transfer to the sanctioned small bathroom scale
OFAC takes steps to cut off revenue to North Korean government
WebMar 3, 2024 · The entities, including Chilsong Trading Corp and Korea Paekho Trading Corp, contravened US sanctions policy meant to block funding for North Korea’s development of weapons of mass destruction and ballistic missiles. WebMar 1, 2024 · On 1 March, OFAC announced that it had sanctioned 3 entities and 2 individuals illicitly generating revenue in support of the government of the Democratic People’s Republic of Korea (DPRK). Chilsong Trading Corporation and Korea Paekho Trading Corporation are agencies, instrumentalities, or controlled entities of the … WebMar 1, 2024 · The Treasury Department's Office of Foreign Assets Control (OFAC) sanctioned Chilsong Trading Corporation, which it says is used by North Korea to earn foreign currency and collect intelligence;... sol lewitt open modular cube 1966