The Council of the European Union - Restrictive Measures in respect of Democratic People's Republic of Korea (DPRK – North Korea)
The Council of the European Union has imposed restrictive measures on North Korea to address its nuclear and ballistic missile programs. These measures aim to prevent the development and proliferation of weapons of mass destruction. The sanctions include asset freezes, travel bans, and trade restrictions.
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392 Entities in The Council of the European Union - Restrictive Measures in respect of Democratic People's Republic of Korea (DPRK – North Korea)
Entity Name | Entity Type | Effective Date | Status |
---|---|---|---|
ORGANIZATION AND GUIDANCE DEPARTMENT OGD | Company | Sep 10, 2017 | active |
SHEN ZHONG INTERNATIONAL SHIPPING | Company | Mar 29, 2018 | active |
Korea Kumryong Trading Corporation | Company | Jan 21, 2013 | active |
DCB Finance Limited | Company | Nov 29, 2016 | active |
Korea Hyoksin Trading Corporation | Company | Jul 15, 2009 | inactive |
Korea Hyoksin Trading Corporation | Company | Jul 15, 2009 | active |
MINISTRY OF THE PEOPLES ARMED FORCES MPAF | Company | Dec 21, 2017 | active |
Korea Complex Equipment Import Corporation | Company | Mar 6, 2013 | active |
Korea Daesong Bank | Company | Nov 29, 2016 | active |
Korea United Development Bank | Company | Nov 29, 2016 | active |
FAQs
Why is compliance with the The Council of the European Union - Restrictive Measures in respect of Democratic People's Republic of Korea (DPRK – North Korea) necessary?
Compliance with the restrictive measures imposed by the Council of the European Union regarding the Democratic People's Republic of Korea (DPRK) is essential for several reasons. Firstly, these measures are integral to promoting international peace and security by discouraging activities related to nuclear proliferation and human rights violations. Secondly, compliance helps uphold the rule of law and demonstrates solidarity with global efforts to address the challenges posed by the DPRK. Ultimately, adhering to these sanctions is vital for fostering a more stable and secure world.
Which companies should comply with The Council of the European Union - Restrictive Measures in respect of Democratic People's Republic of Korea (DPRK – North Korea)?
The Council of the European Union's restrictive measures concerning North Korea must be complied with by companies operating in industries such as defense, energy, finance, and technology. These sanctions aim to prevent the proliferation of weapons of mass destruction and limit North Korea's ability to develop its military capabilities. Non-compliance could result in severe legal penalties and reputational damage.
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