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EU expands North Korea sanctions in line with UN

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Staff Writer | April 7, 2017
The EU imposed a new set of sanctions on North Korea, expanding prohibitions on investments in some industries and banning companies from offering certain services in the secluded country.
North Korea sanctions
Relations   Prohibitions on investments in some industries
The new sanctions are meant to complement restrictive measures adopted by the UN Security Council in response to North Korea's continued nuclear and ballistic missile programmes.

The sanctions include a ban on investment in North Korea's conventional arms-related industry, and metalworking and aerospace sectors.

The new measures also prohibit EU entities from providing computer services in North Korea, including data processing, computer-related training services, computer maintenance and consultancy on hardware installation.

Services linked to manufacturing in the chemical, mining and refining industries are also banned.

The new measures add four people to the EU's sanctions list, imposing a travel ban and asset freeze on them.


 

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