US, ROK sanction Russia and China-based targets funding North Korean nukes



News US, ROK sanction Russia and China-based targets funding North Korean nukes Joint measures aim to curtail DPRK’s efforts to obtain foreign currency via overseas IT workers and blacklisted banks Shreyas Reddy March 28, 2024 SHARE COPY LINK FACEBOOK X LINKEDIN MASTODON North Korean currency \| Image: Forextime.com/Flickr (June 18, 2019) (CC BY 2.0) The U.S. and South Korea have imposed coordinated sanctions on individuals and entities linked to money laundering in support of North Korea’s nuclear and missile development, the allies announced Wednesday. The U.S. Treasury’s Office of Foreign Assets Control (OFAC) sanctioned six individuals and two entities based in Russia, China and the United Arab Emirates (UAE), according to a press release. The U.S. and South Korea have imposed coordinated sanctions on individuals and entities linked to money laundering in support of North Korea’s nuclear and missile development, the allies announced Wednesday. The U.S. Treasury’s Office of Foreign Assets Control (OFAC) sanctioned six individuals and two entities based in Russia, China and the United Arab Emirates (UAE), according to a press release. Become a member for less than $5.75 per week. Unlimited access to all of NK News: reporting, investigations, analysis 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

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US, ROK sanction Russia and China-based targets funding North Korean nukes

Joint measures aim to curtail DPRK’s efforts to obtain foreign currency via overseas IT workers and blacklisted banks

Shreyas Reddy March 28, 2024

US, ROK sanction Russia and China-based targets funding North Korean nukes

North Korean currency | Image: Forextime.com/Flickr (June 18, 2019) (CC BY 2.0)

The U.S. and South Korea have imposed coordinated sanctions on individuals and entities linked to money laundering in support of North Korea’s nuclear and missile development, the allies announced Wednesday.

The U.S. Treasury’s Office of Foreign Assets Control (OFAC) sanctioned six individuals and two entities based in Russia, China and the United Arab Emirates (UAE), according to a press release.

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