Last Updated: January 19, 2026
NAMCHONGANG TRADING CORPORATION
Aliases
Korea Daeryonggang Trading Corporation; Korea Tearyonggang Trading Corporation; NAM CHON GANG CORPORATION; NAM CHONG GAN TRADING CORPORATION; NAMCHONGANG TRADING; Namhung Trading Corporation; NCG; NOMCHONGANG TRADING CO.
Address
Chilgol,, Pyongyang,, Democratic People's Republic of Korea; Sengujadong 11-2/(or Kwangbok-dong), Mangyongdae District, Pyongyang, North Korea
Other Information
Namchongang is a DPRK trading company subordinate to the General Bureau of Atomic Energy (GBAE). Namchongang has been involved in the procurement of Japanese origin vacuum pumps that were identified at a DPRK nuclear facility, as well as nuclear-related procurement associated with a German individual. It has further been involved in the purchase of...
Date of listing
2009-07-16
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