OFAC targets Chinese, Russian companies and individuals for N. Korea trade | NK News
NK News Logo
November 15, 2024
NK News is hiring
News

OFAC targets Chinese, Russian companies and individuals for N. Korea trade

The U.S. Treasury Department sanctions companies trading in coal, minerals, and oil

The U.S. Treasury Department on Tuesday issued new designations against entities and individuals in China, Russia, Singapore, and Namibia for supporting North Korea's weapons programs, mineral trade and use of overseas labor.

Treasury's Office of Foreign Assets Control (OFAC) targeted companies and individuals which bought coal and minerals from the DPRK, as well as others involved in the country's oil trade.

Try unlimited access
Only $1 for four weeks

  • Unlimited access to all of NK News: reporting, investigations, analysis
  • Year-one discount if you continue past $1 trial period
  • 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.