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OFAC adds North Korea designations

January 14, 2020

OFAC has posted an SDN List Update adding North Korea DPRK3 (EO 13722) and NKSPEA (North Korea Sanctions and Policy Enhancement Act of 2016) designations to a company in Beijing, China, and a company in Pyongyang, North Korea.

The following entities have been added to OFAC's SDN List:

BEIJING SUKBAKSO, Qixingmen Store, No. 8 Apartment, Fangcaodi West Road, Chaoyang District, Beijing 100020, China (Chinese Simplified: 8号搂底商七星门葩, 芳草地面街, 朝阳区, 北京市 100020, China); Liangzi Zu Way (Ground Level, White Gate), No. 42, Gangshan Road, Shunyi District, Beijing 101300, China; Secondary sanctions risk: North Korea Sanctions Regulations, sections 510.201 and 510.210 [DPRK3] [DPRK-NKSPEA].

KOREA NAMGANG TRADING CORPORATION (a.k.a. DPRK NAMGANG TRADING COMPANY), Pyongyang, Korea, North; Secondary sanctions risk: North Korea Sanctions Regulations, sections 510.201 and 510.210 [DPRK3] [DPRK-NKSPEA].

First published on 01/14/2020

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