Last Updated: January 19, 2026

KOREA FOREIGN TECHNICAL TRADE CENTER

Address

North Korea

Other Information

Korea Foreign Technical Trade Center is a DPRK firm trading in coal. DPRK generates a significant share of the funds needed to finance its nuclear and ballistic missile programs by mining natural resources and selling those resources abroad.

Date of listing

2016-11-30

Program information

Authority

UK

Program

The Democratic People's Republic of Korea (Sanctions) (EU Exit) Regulations 2019

Regime

UN, UK country specific

Target State

Democratic People's Republic of Korea

Measures

Asset freeze and making available provisions, Trade sanctions, Travel bans, Transport sanctions

Sanctions Portfolio

• The Regulations impose financial sanctions through a targeted asset freeze on designated persons and prohibitions on making funds or economic resources available. This involves the freezing of funds and economic resources (non-monetary assets, such as property or vehicles) of designated persons and ensuring that funds and economic resources are n...

Official Information

The Democratic People’s Republic of Korea (Sanctions) (EU Exit) Regulations 2019 came fully into force on 31 December 2020. They are intended to ensure that certain sanctions measures relating to the Democratic People’s Republic of Korea continue to operate effectively. You should also review the Sanctions (EU Exit)(Miscellaneous Amendments) Regul...

Additional Details

Licencing, exception and direction provisions are contained in Part 9 of the Regulations.

Program URL

https://www.legislation.gov.uk/uksi/2019/411