Last Updated: January 16, 2025
Aliases
Korea Paekho Trading Corporation; 조선백호무역회사
Address
Chongryu 3-dong, Taedonggang District, Pyongyang, Korea, Democratic People's Republic of
Linked to
https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L_202403152
Other Information
Paekho Trading Corporation is an art company involved in constructing statues overseas, in exporting artwork statues produced by Paekho Art Studio, and facilitates illicit labour and access to international financial systems. It specifically targets development grants and loans, as well as foreign-direct investment earmarked for municipal projects....
Date of listing
2024-12-16
Authority
EU
Program
Restrictive measures in relation to the non-proliferation of the weapons of mass destruction
Regime
UN, EU country specific
Target State
Democratic People's Republic of Korea
Measures
Asset freeze and prohibition to make funds available, Restrictions on admission
Sanctions Portfolio
- All assets of the listed persons and entities should be frozen. It is also prohibited to make any funds or assets directly or indirectly available to them. - Member States shall enforce travel restrictions on persons listed in Annex I, II and III of Council Decision (CFSP) 2016/849. Member States shall also expel: (1) DPRK nationals who they dete...
Official Information
The ongoing nuclear and ballistic missile-related activities of the DPRK represent a serious threat to international peace and security. These activities undermine the global non-proliferation and disarmament regime of which the EU has been a steadfast supporter for decades. In this context, the EU has implemented the restrictive measures imposed b...
Program URL
https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A02016D0849-20230404