Hong Gil HAN

Korea, North

1974-01-20

Male

Dandong, China

381410151, Passport

Business

Ho Yong Chol, Han Hong Gil (Han), Jong Sung Hyok (Jong), Choe Chun Pom (Choe) and Ri Jin Hyok (Ri) are China or Russia-based North Korean representatives of DPRK financial institutions. Ho Yong Chol has helped to facilitate the transfer of over $2.5 million in U.S. dollars (USD) and Chinese yuan (CNY) on behalf of U.S.-designated Korea Daesong Bank, while also managing transactions worth over $85 million in USD on behalf of another DPRK government affiliated group. Han is an employee of the U.S.-designated Koryo Commercial Bank (KCB) and has coordinated over $630,000 in both USD and CNY worth of transactions on behalf of the U.S.-designated Ryugyong Commercial Bank. Han pursuant to E.O. 13810 for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, KCB, an entity whose property and interests in property are blocked pursuant to E.O. 13810.

US

https://home.treasury.gov/news/press-releases/sb0302

2025-11-04

US

Executive Order 13810 of September 20, 2017 Imposing Additional Sanctions With Respect to North Korea

OFAC country specific / UN

Democratic People's Republic of Korea

Blocking Property, Suspending Entry, Trade sanctions

• 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 a U.S. person, of any goods, services, or technology to North Korea. E.O. 13810 (“Imposing Additional Sanctions with Respect to North Korea”) does not modify any of those prohibitions.

The United States imposed a near total economic embargo on the DPRK in 1950 after the DPRK attacked the South, sparking the Korean war. Over the following years, some U.S. sanctions were eased, but others were imposed. Executive Order 13810 was issued on September 21, 2017, in the wake of the DPRK’s September 2017 nuclear test and multiple intercontinental ballistic missile (ICBM) tests. Combined with previous executive orders, statutory sanctions provisions, and other restrictions on the DPRK, these constitute some of the most restrictive sanctions related to the DPRK to date.

SDN