A Russian bank which has received multiple sanctions exemptions since 2016 to serve as a limited banking channel into North Korea participated in high-level discussions in Pyongyang at the end of last week, according to an official report from Russia's Ministry for the Development of the Far East (MDFE).
The report, released on Monday, said at least one representative from “CB (Commercial Bank) Sputnik” held meetings with North Korean officials during the June 6-8 visit of a 12-person economic-focused delegation to Pyongyang, led by head of the MDFE Alexander Kozlov.
A Russian bank which has received multiple sanctions exemptions since 2016 to serve as a limited banking channel into North Korea participated in high-level discussions in Pyongyang at the end of last week, according to an official report from Russia's Ministry for the Development of the Far East (MDFE).
The report, released on Monday, said at least one representative from “CB (Commercial Bank) Sputnik” held meetings with North Korean officials during the June 6-8 visit of a 12-person economic-focused delegation to Pyongyang, led by head of the MDFE Alexander Kozlov.
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.