Notice for the attention of the entity subject to the restrictive measures provided for in Council Decision (CFSP) 2016/849, as amended by Council Decision (CFSP) 2024/3151, and in Council Regulation (EU) 2017/1509, as implemented by Council Implementing Regulation (EU) 2024/3152 concerning restrictive measures against the Democratic People's Republic of Korea
Date: 2024-12-17
Institutions: Council of the European Union
Subjects: EU restrictive measure, North Korea, economic sanctions, freezing of assets, international sanctions, legal person








C_202407486EN.000101.fmx.xml












Official Journal of the European Union


EN
C series













C/2024/7486


17.12.2024






Notice for the attention of the entity subject to the restrictive measures provided for in Council Decision (CFSP) 2016/849, as amended by Council Decision (CFSP) 2024/3151, and in Council Regulation (EU) 2017/1509, as implemented by Council Implementing Regulation (EU) 2024/3152 concerning restrictive measures against the Democratic People's Republic of Korea
(C/2024/7486)

The following information is brought to the attention of the entity that appears in Annex III to Council Decision (CFSP) 2016/849 (1), as amended by Council Decision (CFSP) 2024/3151 (2), and in Annex XVI to Council Regulation (EU) 2017/1509 (3), as implemented by Council Implementing Regulation (EU) 2024/3152 (4) concerning restrictive measures against the Democratic People's Republic of Korea.
The Council of the European Union has decided that this entity should be included in the list of legal persons, entities and bodies subject to restrictive measures provided for in Decision (CFSP) 2016/849 and Regulation (EU) 2017/1509 concerning restrictive measures against the Democratic People's Republic of Korea. The grounds for designations of this entity appear in the relevant entry in those Annexes.
The attention of the entity is concerned is drawn to the possibility of making an application to the competent authorities of the relevant Member State(s) as indicated on the websites in Annex I to Regulation (EU) 2017/1509 concerning restrictive measures against the Democratic People's Republic of Korea, in order to obtain an authorisation to use frozen funds for basic needs or specific payments (cf. Article 35 of the Regulation).
The entity concerned may submit a request to the Council, together with supporting documentation, that the decision to include it on the above-mentioned lists should be reconsidered, before 30 April 2025, to the following address:





Council of the European Union




General Secretariat




RELEX.1




Rue de la Loi/Wetstraat 175




1048 Bruxelles/Brussel




BELGIQUE/BELGIË




e-mail: sanctions@consilium.europa.eu





Any observations received will be taken into account for the purpose of the Council's periodic review, in accordance with Article 36(2) of Decision (CFSP) 2016/849 and Article 47(4) of Regulation (EU) No 2017/1509.
The attention of the entity concerned is also drawn to the possibility of challenging the Council's decision before the General Court of the European Union, in accordance with the conditions laid down in Article 275, second paragraph, and Article 263, fourth and sixth paragraphs, of the Treaty on the Functioning of the European Union.


(1)  
            OJ L 141, 28.5.2016, p. 79.

(2)  
            OJ L, 2024/3151, 16.12.2024, ELI: http://data.europa.eu/eli/dec/2024/3151/oj.

(3)  
            OJ L 224, 31.8.2017, p. 1.

(4)  
            OJ L, 2024/3152, 16.12.2024, ELI: http://data.europa.eu/eli/reg_impl/2024/3152/oj.


ELI: http://data.europa.eu/eli/C/2024/7486/oj
ISSN 1977-091X (electronic edition)