Belgian firm receives OK to send $700K to North Korea for food security project | NK News
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November 22, 2024
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Belgian firm receives OK to send $700K to North Korea for food security project

UN grants sanctions exemption to move funds for EU initiative, though transfer dependent on DPRK opening borders

A Belgian firm has received a new sanctions exemption to transfer over $700,000 to North Korea to support a project to improve food security, U.N. records show.

The U.N. Security Council’s 1718 Sanctions Committee has granted Agriconsulting Europe SA (AESA) an exemption until Nov. 8, 2025 to transfer 685,015 euros ($717,000) to the DPRK.

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