# LI2022318EN.01001301.xml

| 12.12.2022 | EN | Official Journal of the European Union | LI 318/13 |
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12.12.2022

EN

Official Journal of the European Union

LI 318/13

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COUNCIL IMPLEMENTING REGULATION (EU) 2022/2429

of 12 December 2022

implementing Regulation (EU) 2017/1509 concerning restrictive measures against the Democratic People’s Republic of Korea

THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty on the Functioning of the European Union,

Having regard to Council Regulation (EU) 2017/1509 of 30 August 2017 concerning restrictive measures against the Democratic People’s Republic of Korea and repealing Regulation (EC) No 329/2007 (1), and in particular Article 47 thereof,

Having regard to the proposal from the High Representative of the Union for Foreign Affairs and Security Policy,

Whereas:

| (1) | On 30 August 2017, the Council adopted Regulation (EU) 2017/1509. |
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(1)

On 30 August 2017, the Council adopted Regulation (EU) 2017/1509.

| (2) | In its conclusions of 17 July 2017, the Council stated that the Union would consider further appropriate responses to actions by the Democratic People’s Republic of Korea (DPRK) that undermine the global non-proliferation and disarmament regime, in particular through additional autonomous restrictive measures. |
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(2)

In its conclusions of 17 July 2017, the Council stated that the Union would consider further appropriate responses to actions by the Democratic People’s Republic of Korea (DPRK) that undermine the global non-proliferation and disarmament regime, in particular through additional autonomous restrictive measures.

| (3) | On 22 December 2017, the United Nations Security Council (UNSC) adopted United Nations Security Council Resolution (‘UNSCR’) 2397 (2017), whereby it reaffirmed that the DPRK: is not to conduct any further launches that use ballistic missile technology, nuclear tests, or any other provocation; is to immediately suspend all activities related to its ballistic missile programme and in that context re-establish its pre-existing commitments to a moratorium on all missile launches; is to immediately abandon all nuclear weapons and existing nuclear programmes in a complete, verifiable and irreversible manner, and immediately cease all related activities; and is to abandon any other existing weapons of mass destruction and ballistic missile programmes in a complete, verifiable and irreversible manner. |
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(3)

On 22 December 2017, the United Nations Security Council (UNSC) adopted United Nations Security Council Resolution (‘UNSCR’) 2397 (2017), whereby it reaffirmed that the DPRK: is not to conduct any further launches that use ballistic missile technology, nuclear tests, or any other provocation; is to immediately suspend all activities related to its ballistic missile programme and in that context re-establish its pre-existing commitments to a moratorium on all missile launches; is to immediately abandon all nuclear weapons and existing nuclear programmes in a complete, verifiable and irreversible manner, and immediately cease all related activities; and is to abandon any other existing weapons of mass destruction and ballistic missile programmes in a complete, verifiable and irreversible manner.

| (4) | Between 5 January and 18 November 2022, the DPRK launched at least 63 ballistic missiles, including multiple intercontinental ballistic missiles. |
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(4)

Between 5 January and 18 November 2022, the DPRK launched at least 63 ballistic missiles, including multiple intercontinental ballistic missiles.

| (5) | On 5 November 2022, the High Representative of the Union for Foreign Affairs and Security Policy (‘the High Representative’) issued a statement on behalf of the Union condemning the significant increase in illegal missile launches by the DPRK, including an intercontinental ballistic missile and a short-range ballistic missile that landed south of the Northern Limit Line. The High Representative stated that those actions represented a dangerous escalation in the DPRK’s violations of UNSCRs and an alarming illustration of the DPRK’s intention to continue undermining the global non-proliferation regime, which poses a grave threat to all nations and undermines international and regional peace and security. The High Representative further stated that those actions demanded a resolute response from the UNSC and called for the full implementation of sanctions to prevent the DPRK from procuring finance, knowledge and materials to support its illegal weapons programme. On 19 November 2022, the High Representative issued another statement on behalf of the Union, condemning the DPRK’s launch of an intercontinental ballistic missile that landed in Japan’s exclusive economic zone on 18 November and calling again upon the DPRK to comply with its obligations under the UNSCRs. The High Representative also reiterated the need for an appropriate UNSC response and recalled the duty for all UN Members to take action to fully implement sanctions imposed by the UNSC. |
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(5)

On 5 November 2022, the High Representative of the Union for Foreign Affairs and Security Policy (‘the High Representative’) issued a statement on behalf of the Union condemning the significant increase in illegal missile launches by the DPRK, including an intercontinental ballistic missile and a short-range ballistic missile that landed south of the Northern Limit Line. The High Representative stated that those actions represented a dangerous escalation in the DPRK’s violations of UNSCRs and an alarming illustration of the DPRK’s intention to continue undermining the global non-proliferation regime, which poses a grave threat to all nations and undermines international and regional peace and security. The High Representative further stated that those actions demanded a resolute response from the UNSC and called for the full implementation of sanctions to prevent the DPRK from procuring finance, knowledge and materials to support its illegal weapons programme. On 19 November 2022, the High Representative issued another statement on behalf of the Union, condemning the DPRK’s launch of an intercontinental ballistic missile that landed in Japan’s exclusive economic zone on 18 November and calling again upon the DPRK to comply with its obligations under the UNSCRs. The High Representative also reiterated the need for an appropriate UNSC response and recalled the duty for all UN Members to take action to fully implement sanctions imposed by the UNSC.

| (6) | In view of the continued ballistic-missile-related activities carried out by the DPRK, in violation of and with flagrant disregard for the relevant UNSCRs, eight individuals and four entities (including two vessels) should be included in the list of natural and legal persons, entities and bodies subject to restrictive measures set out in Annexes XV and XVI to Regulation (EU) 2017/1509. |
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(6)

In view of the continued ballistic-missile-related activities carried out by the DPRK, in violation of and with flagrant disregard for the relevant UNSCRs, eight individuals and four entities (including two vessels) should be included in the list of natural and legal persons, entities and bodies subject to restrictive measures set out in Annexes XV and XVI to Regulation (EU) 2017/1509.

| (7) | Regulation (EU) 2017/1509 should therefore be amended accordingly, |
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(7)

Regulation (EU) 2017/1509 should therefore be amended accordingly,

HAS ADOPTED THIS REGULATION:

Article 1

Annexes XV and XVI to Regulation (EU) 2017/1509 are amended in accordance with the Annex to this Regulation.

Article 2

This Regulation shall enter into force on the date of its publication in the Official Journal of the European Union.

This Regulation shall be binding in its entirety and directly applicable in all Member States.

Done at Brussels, 12 December 2022.

For the Council

The President

J. BORRELL FONTELLES

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(1)  
  OJ L 224, 31.8.2017, p. 1.

1

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ANNEX

Regulation (EU) 2017/1509 is amended as follows:

| (1) | Annex XV is amended as follows:






  (a) | under the heading ‘(a) Natural persons designated in accordance with point (a) of Article 34(4)’, the following entries are added: | Name (and possible aliases) | Alias | Identifying information | Date of designation | Reasons |
| --- | --- | --- | --- | --- | --- | --- | --- |
| ‘32. | KIM Kwang Yon 김광연 | | DOB: 30.7.1966
  Nationality: DPRK
  Gender: male
  Passport number : 563210059 (expired 2018); 654410104 (expired 2019) | 12.12.2022 | In his capacity as a representative for Korea Mining Development Trading Corporation (KOMID) in Southern Africa, KIM Kwang Yon takes part in activities for an entity designated on 24 April 2009 by the Committee established pursuant to UNSCR 1718 (2006) as being engaged in or providing support for DPRK’s nuclear-related, ballistic-missile-related or other weapons of mass destruction-related programmes. As such, he is directly involved in providing funds and supplies for the DPRK’s nuclear-related, ballistic-missile-related or other weapons of mass destruction-related programmes. |
| 33. | KIM Su Il
  김수일 | | DOB: 4.3.1985
  Nationality: DPRK
  Gender: male
  Passport number: 108220348; 745220480
  Address: Ho Chi Minh, Vietnam | 12.12.2022 | Since 2016, KIM Su Il has been an agent in Viet Nam for the Munitions Industry Department, performing economic, trading, mining and shipping activities associated with the Department’s business activities to earn foreign currency for the DPRK. He is involved in the export of DPRK products such as anthracite and titanium concentrate. He also earned foreign currency by importing and exporting raw materials to and from the DPRK and exporting Vietnamese goods to China and other countries. He is therefore responsible for financial activities supporting the DPRK’s nuclear and ballistic programmes. |
| 34. | PAK Kwang Hun 박광훈 | BAK Gwang Hun | DOB: 1970
  Nationality: DPRK
  Gender: male | 12.12.2022 | In his capacity as a representative for Korea Ryonbong General Corporation (Ryonbong), PAK Kwang Hun takes part in activities for an entity designated on 24 April 2009 by the Committee established pursuant to UNSCR 1718 (2006) as being engaged in or providing support for DPRK’s nuclear-related, ballistic-missile-related or other weapons of mass destruction-related programmes. As such, he is directly involved in providing funds and supplies for the DPRK’s nuclear-related, ballistic-missile-related or other weapons of mass destruction-related programmes. |
| 35. | KIM Ho Kyu 김호규 | KIM Ho Gyu | DOB: 15.9.1970
  Nationality: DPRK
  Gender: male
  Address: DPRK Consulate General in Nakhodka, Russian Federation
  Function or profession : Representative for Korea Ryonbong General Corporation (Ryonbong)
  Deputy Consul at DPRK Consulate General in Nakhodka, Russian Federation | 12.12.2022 | In his capacity as a representative for Korea Ryonbong General Corporation (Ryonbong), KIM Ho Kyu takes part in activities for an entity designated on 24 April 2009 by the Committee established pursuant to UNSCR 1718 (2006) as being engaged in or providing support for DPRK’s nuclear-related, ballistic-missile-related or other weapons of mass destruction-related programmes. As such, he is directly involved in providing funds and supplies for the DPRK’s nuclear-related, ballistic-missile-related or other weapons of mass destruction-related programmes. |
| 36. | JONG Yong Nam
  정영남 | | DOB: 26.1.1966
  Nationality: DPRK
  Gender: male
  Passport number: PS 927120050
  Address: Minsk, Belarus
  Function or profession: Representative in Minsk of the Second Academy of Natural Sciences of the DPRK | 12.12.2022 | In his capacity as a representative in Minsk, Belarus, of an organisation with direct links to the Second Academy of Natural Sciences in the DPRK, JONG Yong Nam takes part in activities for a sanctioned entity set out in UNSCR 2094 (2013). This entity is known for its proliferation activities benefitting the DPRK’s nuclear-related, ballistic-missile-related or other weapons of mass destruction-related programmes. As such, he is directly involved in providing funds and supplies for the DPRK’s nuclear-related, ballistic-missile-related or other weapons of mass destruction-related programmes.’ |

(1)

Annex XV is amended as follows:

(a)

under the heading ‘(a) Natural persons designated in accordance with point (a) of Article 34(4)’, the following entries are added:

Name (and possible aliases)

Alias

Identifying information

Date of designation

Reasons

‘32.

KIM Kwang Yon 김광연

DOB: 30.7.1966

Nationality: DPRK

Gender: male

Passport number : 563210059 (expired 2018); 654410104 (expired 2019)

12.12.2022

In his capacity as a representative for Korea Mining Development Trading Corporation (KOMID) in Southern Africa, KIM Kwang Yon takes part in activities for an entity designated on 24 April 2009 by the Committee established pursuant to UNSCR 1718 (2006) as being engaged in or providing support for DPRK’s nuclear-related, ballistic-missile-related or other weapons of mass destruction-related programmes. As such, he is directly involved in providing funds and supplies for the DPRK’s nuclear-related, ballistic-missile-related or other weapons of mass destruction-related programmes.

33.

KIM Su Il

김수일

DOB: 4.3.1985

Nationality: DPRK

Gender: male

Passport number: 108220348; 745220480

Address: Ho Chi Minh, Vietnam

12.12.2022

Since 2016, KIM Su Il has been an agent in Viet Nam for the Munitions Industry Department, performing economic, trading, mining and shipping activities associated with the Department’s business activities to earn foreign currency for the DPRK. He is involved in the export of DPRK products such as anthracite and titanium concentrate. He also earned foreign currency by importing and exporting raw materials to and from the DPRK and exporting Vietnamese goods to China and other countries. He is therefore responsible for financial activities supporting the DPRK’s nuclear and ballistic programmes.

34.

PAK Kwang Hun 박광훈

BAK Gwang Hun

DOB: 1970

Nationality: DPRK

Gender: male

12.12.2022

In his capacity as a representative for Korea Ryonbong General Corporation (Ryonbong), PAK Kwang Hun takes part in activities for an entity designated on 24 April 2009 by the Committee established pursuant to UNSCR 1718 (2006) as being engaged in or providing support for DPRK’s nuclear-related, ballistic-missile-related or other weapons of mass destruction-related programmes. As such, he is directly involved in providing funds and supplies for the DPRK’s nuclear-related, ballistic-missile-related or other weapons of mass destruction-related programmes.

35.

KIM Ho Kyu 김호규

KIM Ho Gyu

DOB: 15.9.1970

Nationality: DPRK

Gender: male

Address: DPRK Consulate General in Nakhodka, Russian Federation

Function or profession : Representative for Korea Ryonbong General Corporation (Ryonbong)

Deputy Consul at DPRK Consulate General in Nakhodka, Russian Federation

12.12.2022

In his capacity as a representative for Korea Ryonbong General Corporation (Ryonbong), KIM Ho Kyu takes part in activities for an entity designated on 24 April 2009 by the Committee established pursuant to UNSCR 1718 (2006) as being engaged in or providing support for DPRK’s nuclear-related, ballistic-missile-related or other weapons of mass destruction-related programmes. As such, he is directly involved in providing funds and supplies for the DPRK’s nuclear-related, ballistic-missile-related or other weapons of mass destruction-related programmes.

36.

JONG Yong Nam

정영남

DOB: 26.1.1966

Nationality: DPRK

Gender: male

Passport number: PS 927120050

Address: Minsk, Belarus

Function or profession: Representative in Minsk of the Second Academy of Natural Sciences of the DPRK

12.12.2022

In his capacity as a representative in Minsk, Belarus, of an organisation with direct links to the Second Academy of Natural Sciences in the DPRK, JONG Yong Nam takes part in activities for a sanctioned entity set out in UNSCR 2094 (2013). This entity is known for its proliferation activities benefitting the DPRK’s nuclear-related, ballistic-missile-related or other weapons of mass destruction-related programmes. As such, he is directly involved in providing funds and supplies for the DPRK’s nuclear-related, ballistic-missile-related or other weapons of mass destruction-related programmes.’

| (b) | under the heading ‘(b) Legal persons, entities and bodies designated in accordance with point (a) of Article 34(4)’, the following entry is added: | Name (and possible aliases) | Alias | Location | Date of designation | Reasons |
| --- | --- | --- | --- | --- | --- | --- |
| ‘6. | Ministry of Rocket Industry
  로케트공업부 | Rocket Industry Department | Pyongchon, DPRK | 12.12.2022 | The UN Panel of Experts received information on an individual employed by companies linked to the Ministry of Rocket Industry who is involved in the procurement of finance through the sale of voice-phishing hacking applications. The UN Panel of Experts has also received information from multiple UN Member States on an individual procuring aluminium powder and other commodities known to be used in solid-fuel propellant for the Ministry of Rocket Industry. The UN Panel reports that the Ministry of Rocket Industry is an agency of the Munitions Industry Department. As the Munitions Industry Department is responsible for the development of nuclear and missile technology, the funding procured by the Ministry of Rocket Industry could be used to support the development of nuclear and missile technology prohibited by UNSCRs.’ |

(b)

under the heading ‘(b) Legal persons, entities and bodies designated in accordance with point (a) of Article 34(4)’, the following entry is added:

Name (and possible aliases)

Alias

Location

Date of designation

Reasons

‘6.

Ministry of Rocket Industry

로케트공업부

Rocket Industry Department

Pyongchon, DPRK

12.12.2022

The UN Panel of Experts received information on an individual employed by companies linked to the Ministry of Rocket Industry who is involved in the procurement of finance through the sale of voice-phishing hacking applications. The UN Panel of Experts has also received information from multiple UN Member States on an individual procuring aluminium powder and other commodities known to be used in solid-fuel propellant for the Ministry of Rocket Industry. The UN Panel reports that the Ministry of Rocket Industry is an agency of the Munitions Industry Department. As the Munitions Industry Department is responsible for the development of nuclear and missile technology, the funding procured by the Ministry of Rocket Industry could be used to support the development of nuclear and missile technology prohibited by UNSCRs.’

| (c) | the following headings are added:






  ‘(d) | Legal persons, entities and bodies designated in accordance with point (b) of Article 34(4) |
| --- | --- | --- |

(c)

the following headings are added:

‘(d)

Legal persons, entities and bodies designated in accordance with point (b) of Article 34(4)

| (e) | Natural persons designated in accordance with point (c) of Article 34(4)’; |
| --- | --- |

(e)

Natural persons designated in accordance with point (c) of Article 34(4)’;

| (d) | the following heading and entries are added:






  ‘(f) | Legal persons, entities and bodies designated in accordance with point (c) of Article 34(4) | Name | Alias | Identifying information | Date of designation | Reasons |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1. | Unica | | Type of ship: delivery vessel, oil tanker
  Principal place of business: DPRK, People’s Republic of China
  IMO: 8514306 | 12.12.2022 | The oil tanker and delivery vessel Unica actively participates in ship-to-ship transfers of refined petroleum and vessel identity laundering in order to effectively deliver refined petroleum to the DPRK, in violation of UNSCR 2397 (2017). Unica is regularly cited by the UN Panel of Experts pursuant to UNSCR 1874 (2009) for designation by the Committee.
  Unica is therefore involved in supplies that could contribute to the DPRK’s nuclear-related, ballistic-missile-related or other weapons of mass destruction-related programmes. |
| 2. | New Konk | | Type of ship: delivery vessel, oil tanker
  Owner: New Konk Ocean International Company Limited
  Principal place of business: DPRK, People’s Republic of China
  IMO: 9036387 | 12.12.2022 | The oil tanker and delivery vessel New Konk actively participates in ship-to-ship transfers of refined petroleum and vessel identity laundering in order to effectively deliver refined petroleum to the Democratic People’s Republic of Korea, in violation of UNSCR 2397 (2017). New Konk is regularly cited by the UN Panel of Experts pursuant to UNSCR 1874 (2009) for designation by the Committee.
  New Konk is therefore involved in supplies that could contribute to the DPRK’s nuclear-related, ballistic-missile-related or other weapons of mass destruction-related programmes.’ |

(d)

the following heading and entries are added:

‘(f)

Legal persons, entities and bodies designated in accordance with point (c) of Article 34(4)

Name

Alias

Identifying information

Date of designation

Reasons

1.

Unica

Type of ship: delivery vessel, oil tanker

Principal place of business: DPRK, People’s Republic of China

IMO: 8514306

12.12.2022

The oil tanker and delivery vessel Unica actively participates in ship-to-ship transfers of refined petroleum and vessel identity laundering in order to effectively deliver refined petroleum to the DPRK, in violation of UNSCR 2397 (2017). Unica is regularly cited by the UN Panel of Experts pursuant to UNSCR 1874 (2009) for designation by the Committee.

Unica is therefore involved in supplies that could contribute to the DPRK’s nuclear-related, ballistic-missile-related or other weapons of mass destruction-related programmes.

2.

New Konk

Type of ship: delivery vessel, oil tanker

Owner: New Konk Ocean International Company Limited

Principal place of business: DPRK, People’s Republic of China

IMO: 9036387

12.12.2022

The oil tanker and delivery vessel New Konk actively participates in ship-to-ship transfers of refined petroleum and vessel identity laundering in order to effectively deliver refined petroleum to the Democratic People’s Republic of Korea, in violation of UNSCR 2397 (2017). New Konk is regularly cited by the UN Panel of Experts pursuant to UNSCR 1874 (2009) for designation by the Committee.

New Konk is therefore involved in supplies that could contribute to the DPRK’s nuclear-related, ballistic-missile-related or other weapons of mass destruction-related programmes.’

| (2) | Annex XVI is amended as follows:






  (a) | under the heading ‘(a) Natural persons’, the following entries are added: | Name (and possible aliases) | Identifying information | Date of designation | Reasons |
| --- | --- | --- | --- | --- | --- | --- |
| ‘29. | KIL Jong Hun | DOB: 7.8.1965 / 20.2.1972
  Passport number: 563410081 / 472410022
  Nationality: DPRK
  Gender: male | 12.12.2022 | In his capacity as a representative for the Korea Mining Development Trading Corporation (KOMID), Kil Jong Hun is responsible for providing assistance in arms procurement for Equatorial Guinea, thus evading the international arms embargo set out in relevant UNSCRs. He has been under US sanctions since 2015. Previously employed as the representative of the designated entity KOMID in Namibia under diplomatic status, he has set up a bank account in South Africa. Due to his position, he continues his proliferation activities for KOMID, providing valuable finance for the DPRK despite international sanctions. |
| 30. | PYON Kwang Chol | DOB: 16.9.1964
  Nationality: DPRK
  Gender: male | 12.12.2022 | In his capacity as a deputy representative for a suspected front company of the Second Academy of Natural Sciences in Dalian (China), PYON Kwang Chol takes part in activities for a sanctioned entity set out in UNSCR 2094 (2013). This entity is known for its proliferation activities benefitting the DPRK’s nuclear-related, ballistic-missile-related or other weapons of mass destruction-related programmes. As such, he is directly involved in providing funds and supplies for the DPRK’s nuclear-related, ballistic-missile-related or other weapons of mass destruction-related programmes. |
| 31. | O Yong Ho | DOB: 25.12.1961
  Passport number: 108410041
  Nationality: DPRK
  Gender: male | 12.12.2022 | In his capacity as a representative in Moscow, Russian Federation, with direct links to the Second Academy of Natural Sciences, O Yong Ho takes part, under diplomatic status, in activities for a sanctioned entity set out in UNSCR 2094 (2013). This entity is known for its proliferation activities benefitting the DPRK’s nuclear-related, ballistic-missile-related or other weapons of mass destruction-related programmes. As such, he is directly involved in providing funds and supplies for the DPRK’s nuclear-related, ballistic-missile-related or other weapons of mass destruction-related programmes.’ |

(2)

Annex XVI is amended as follows:

(a)

under the heading ‘(a) Natural persons’, the following entries are added:

Name (and possible aliases)

Identifying information

Date of designation

Reasons

‘29.

KIL Jong Hun

DOB: 7.8.1965 / 20.2.1972

Passport number: 563410081 / 472410022

Nationality: DPRK

Gender: male

12.12.2022

In his capacity as a representative for the Korea Mining Development Trading Corporation (KOMID), Kil Jong Hun is responsible for providing assistance in arms procurement for Equatorial Guinea, thus evading the international arms embargo set out in relevant UNSCRs. He has been under US sanctions since 2015. Previously employed as the representative of the designated entity KOMID in Namibia under diplomatic status, he has set up a bank account in South Africa. Due to his position, he continues his proliferation activities for KOMID, providing valuable finance for the DPRK despite international sanctions.

30.

PYON Kwang Chol

DOB: 16.9.1964

Nationality: DPRK

Gender: male

12.12.2022

In his capacity as a deputy representative for a suspected front company of the Second Academy of Natural Sciences in Dalian (China), PYON Kwang Chol takes part in activities for a sanctioned entity set out in UNSCR 2094 (2013). This entity is known for its proliferation activities benefitting the DPRK’s nuclear-related, ballistic-missile-related or other weapons of mass destruction-related programmes. As such, he is directly involved in providing funds and supplies for the DPRK’s nuclear-related, ballistic-missile-related or other weapons of mass destruction-related programmes.

31.

O Yong Ho

DOB: 25.12.1961

Passport number: 108410041

Nationality: DPRK

Gender: male

12.12.2022

In his capacity as a representative in Moscow, Russian Federation, with direct links to the Second Academy of Natural Sciences, O Yong Ho takes part, under diplomatic status, in activities for a sanctioned entity set out in UNSCR 2094 (2013). This entity is known for its proliferation activities benefitting the DPRK’s nuclear-related, ballistic-missile-related or other weapons of mass destruction-related programmes. As such, he is directly involved in providing funds and supplies for the DPRK’s nuclear-related, ballistic-missile-related or other weapons of mass destruction-related programmes.’

| (b) | under the heading ‘(b) Legal persons, entities and bodies’, the following entry is added: | Name (and possible aliases) | Location | Date of designation | Reasons |
| --- | --- | --- | --- | --- | --- |
| ‘9. | Korea Rounsan Trading Corporation
  로은산무역회사 | | 12.12.2022 | The Korean Rounsan Trading Corporation is a subordinate company of the Ministry of Rocket Industry of the DPRK. As such, the entity is directly involved in providing support for the DPRK’s nuclear-related, ballistic-missile-related or other weapons of mass destruction-related programmes. The company is particularly involved in establishing joint ventures in the DPRK, promoting large-scale projects with Chinese companies, sending DPRK workers, and managing the procurement of large European equipment.’ |

(b)

under the heading ‘(b) Legal persons, entities and bodies’, the following entry is added:

Name (and possible aliases)

Location

Date of designation

Reasons

‘9.

Korea Rounsan Trading Corporation

로은산무역회사

12.12.2022

The Korean Rounsan Trading Corporation is a subordinate company of the Ministry of Rocket Industry of the DPRK. As such, the entity is directly involved in providing support for the DPRK’s nuclear-related, ballistic-missile-related or other weapons of mass destruction-related programmes. The company is particularly involved in establishing joint ventures in the DPRK, promoting large-scale projects with Chinese companies, sending DPRK workers, and managing the procurement of large European equipment.’

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