Russia 20 Entities Targeted for Violating US North Korea Sanctions
[Asia Economy Reporter Yoo In-ho] It has been revealed that about 20 Russian individuals and companies have been independently sanctioned by the United States for violating North Korea sanctions.
On the 1st (local time), the U.S. Congressional Research Service (CRS) stated in its overview report on U.S. sanctions against Russia that "about 20 Russian-related entities have become subject to U.S. sanctions for evading UN sanctions prohibiting trade and financial transactions with North Korea."
The report explained that the sanctioned entities were involved in "transactions including oil and petroleum products, financial services, labor exports, as well as the development of weapons of mass destruction programs."
Regarding this, Radio Free Asia (RFA) cited data from the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), reporting that there are a total of 25 U.S. independent sanctions targets related to Russia and North Korea, including 10 individuals and 15 companies.
U.S. sanctions against Russia are related not only to North Korea but also to Russia’s 2014 invasion of Ukraine, malicious cyber activities, corruption and human rights violations, use of chemical weapons, and proliferation of weapons.
Hot Picks Today
"Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①
- "Most Americans Didn't Want This"... Americans Lose 60 Trillion Won to Soaring Fuel Costs
- As Samsung Falters, Chinese DRAM Surges: CXMT Returns to Profit in Just One Year
- "China's Growth Rate Expected to Fall Short of Last Year... High-Tech Industries Remain the Pillar"
- "Why Make Things Like This?" Foreign Media Highlights Bizarre Phenomenon Spreading in Korea
The issue with the largest number of sanctioned entities was the Ukraine invasion (735 entities), followed by malicious cyber activities (170 entities), and corruption and human rights violations (55 entities).
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.