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OFAC Announces New North Korea-Related Designations

OFAC Announces New North Korea-Related Designations
Thursday, February 15, 2018

On 24 January 2018, OFAC designated nine entities, 16 individuals and six vessels “in response to North Korea’s ongoing development of weapons of mass destruction (WMD) and continued violations of United Nations Security Council Resolutions”. The designations “target agents of the Kim regime financing or otherwise supporting North Korea’s WMD programs and other illicit businesses”.

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