US sanctions North Korean rocket ministry in response to ‘escalatory’ ICBM tests



News US sanctions North Korean rocket ministry in response to ‘escalatory’ ICBM tests Treasury Department designates ministry and four subordinate companies for supporting DPRK’s weapons development Jeongmin Kim April 2, 2022 SHARE COPY LINK FACEBOOK X LINKEDIN MASTODON North Korea's March 24 ICBM test \| Image: KCNA The U.S. has newly sanctioned North Korea’s Ministry of Rocket Industry and four related companies for supporting the country’s weapons development programs, the U.S. Treasury Department announced on Friday. The Treasury’s Office of Foreign Assets Control (OFAC) cited Pyongyang’s “escalatory ballistic missile launches” in recent months for the new designations, stating that its tests of intercontinental ballistic missiles (ICMBs) “demonstrate the DPRK’s clear determination to continue developing its unlawful WMD and ballistic missile programs.” The U.S. has newly sanctioned North Korea’s Ministry of Rocket Industry and four related companies for supporting the country’s weapons development programs, the U.S. Treasury Department announced on Friday. The Treasury’s Office of Foreign Assets Control (OFAC) cited Pyongyang’s “escalatory ballistic missile launches” in recent months for the new designations, stating that its tests of intercontinental ballistic missiles (ICMBs) “demonstrate the DPRK’s clear determination to continue developing its unlawful WMD and ballistic missile programs.” 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. © Korea Risk Group. All rights reserved. No part of this content may be reproduced, distributed, or used for commercial purposes without prior written permission from Korea Risk Group. Get the Daily Update Start your day with the North Korea stories that matter most – as selected by And how should we address you in correspondence? One more step! Please check your inbox, for an email we just sent you, and click on the confirmation message in it to get subscribed to our Daily News Update. Trending

News

US sanctions North Korean rocket ministry in response to ‘escalatory’ ICBM tests

Treasury Department designates ministry and four subordinate companies for supporting DPRK’s weapons development

Jeongmin Kim April 2, 2022

US sanctions North Korean rocket ministry in response to ‘escalatory’ ICBM tests

North Korea's March 24 ICBM test | Image: KCNA

The U.S. has newly sanctioned North Korea’s Ministry of Rocket Industry and four related companies for supporting the country’s weapons development programs, the U.S. Treasury Department announced on Friday.

The Treasury’s Office of Foreign Assets Control (OFAC) cited Pyongyang’s “escalatory ballistic missile launches” in recent months for the new designations, stating that its tests of intercontinental ballistic missiles (ICMBs) “demonstrate the DPRK’s clear determination to continue developing its unlawful WMD and ballistic missile programs.”

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.

US sanctions North Korean rocket ministry in response to ‘escalatory’ ICBM tests

Try unlimited accessOnly $1 for four weeks

Start your day with the North Korea stories that matter most –

as selected by

One more step!

Trending

Recent Stories

About the Author

Jeongmin Kim

Try unlimited access
Only $1 for four weeks

Start your day with
the North Korea stories that matter most –