OFAC designates two Chinese companies for North Korea trade | NK News
NK News Logo
December 24, 2024

NK News is hiring

News

OFAC designates two Chinese companies for North Korea trade

U.S. Treasury and Coast Guard also update advisory on the DPRK's illicit maritime practices

The U.S. on Thursday sanctioned two Chinese shipping companies for helping North Korea evade sanctions, the first DPRK related designations since December last year.

The Department of Treasury's Office of Foreign Assets Control (OFAC) and the U.S. Coast Guard also updated an advisory on North Korea's deceptive shipping practices.

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.