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The State Department has determined that two North Korean entities have engaged in missile technology proliferation activities that warrant the imposition of sanctions. As a result, effective Jan. 31 and for two years thereafter, the following measures are being imposed against these entities.
- denial of all new individual licenses for the transfer of all items on the U.S. Munitions List and all items the export of which is controlled under the Export Administration Act (State notes that this sanction only applies to exports made pursuant to individual export licenses)
- denial of all U.S. government contracts
- prohibition on U.S. imports of all products produced by these entities
State is also imposing these sanctions on all activities of the North Korean government (a) relating to the development or production of missile equipment or technology or (b) affecting the development or production of electronics, space systems or equipment, and military aircraft.
September 14, 2020 // Trade Report
September 7, 2020 // Trade Report
August 31, 2020 // Trade Report