KOREA NAMGANG TRADING CORPORATION

Program information

Authority

US

Program

North Korea Sanctions and Policy Enhancement Act of 2016, Public Law 114-122, as amended by the Countering America’s Adversaries Through Sanctions Act, Public Law 115-44 and National Defense Appropriations Act of 2020, Public Law 116-92

Regime

OFAC country specific / UN

Target State

Democratic People's Republic of Korea

Measures

Blocking Property, Suspending Entry, Trade sanctions

Sanctions Portfolio

• https://ofac.treasury.gov/faqs/topic/1556 460. Can U.S. persons do business with entities in North Korea? No. Unless authorized pursuant to a general or specific license from OFAC and/or BIS, Executive Order (E.O.) 13722 prohibits new investment in North Korea by a U.S. person and the exportation or reexportation, from the United States, or by... view more >

Official Information

On March 15, 2016, the President issued E.O. 13722 pursuant to, inter alia, IEEPA, the NEA, the UNPA, and the North Korea Sanctions and Policy Enhancement Act of 2016 (22 U.S.C. § 9201 et seq.) (the NKSPEA), to take additional steps to address the national emergency declared in E.O. 13466 and expanded in E.O. 13551, in light of further North Korean... view more >

Additional Details

SDN

Program URL

• https://ofac.treasury.gov/media/5776/download?inline • https://ofac.treasury.gov/media/5696/download?inline • https://ofac.treasury.gov/media/43241/download?inline • https://ofac.treasury.gov/media/43241/download?inline