News Russia continues import of sanctioned items from North KoreaElectrical items, iron and steel products still appearing in Russia's reported trade with its neighbor Russia reported sanctioned machinery imports from North Korea in October, the latest figures from the ITC trade map show, in addition to possibly designated imports of iron and steel. UN Resolution 2397 passed in December last year prohibits countries from trading most types of machinery and electrical equipment with North Korea, a restriction which covers both imports and exports. Machinery, industrial equipment, and commercial electronics items are covered by international harmonized system (HS) codes 84 and 85. “The DPRK shall not supply, sell or transfer, directly or indirectly, from its territory or by its nationals or © Korea Risk Group. All rights reserved. |