Democratic People’s Republic of Korea Regime

Council Implementing Regulation (EU) 2022/2429 of 12 December 2022 implementing Regulation (EU) 2017/1509 concerning restrictive measures against the Democratic People’s Republic of Korea

On 30 August 2017, the Council adopted Regulation (EU) 2017/1509. In its conclusions of 17 July 2017, the Council stated that the Union would consider further appropriate responses to actions by the Democratic People’s Republic of Korea (DPRK) that undermine the global non-proliferation and disarmament regime, in particular through additional autonomous restrictive measures. On 22 December 2017, the United Nations Security Council (UNSC) adopted Resolution (‘UNSCR’) 2397 (2017). In view of the recent, continued ballistic-missile-related activities carried out by the DPRK, in violation of and with flagrant disregard for the relevant UNSCRs, eight individuals and four entities (including two vessels) should be included in the list of natural and legal persons, entities and bodies subject to restrictive measures set out in Annexes XV and XVI to Regulation (EU) 2017/1509. Regulation (EU) 2017/1509 has therefore been amended accordingly.

Posted in Posts - Latest Updates in EU and UN Sanctions.