March 9 — Sanctions on Individuals — Cornering Rats?
Pyongyang, North Korea
US Sanctions Individuals Linked To North Korean Weapons Of Mass Destruction Programs
By Eurasia Review — (March 8, 2013)
The US State Department said it welcomes the unanimous passage of United Nations Security Council Resolution (UNSCR) 2094.
The State Department said that North Korea’s nuclear and missile
proliferation activities violate the UN Security Council sanctions
regime comprised of resolutions 1718 (2006), 1874 (2009) and 2087
(2013), destabilize the region, and undermine the global
The international community has condemned North Korea’s weapons of
mass destruction proliferation activity and its continued efforts to
advance its nuclear and missile programs, including its announced
February 12 nuclear test and its April and December 2012 launches using
ballistic missile technology, said the State Department, adding. “These
provocative acts continue to threaten international peace and security
and will only result in North Korea becoming further isolated from the
On Thursday, the U.S. Department of the Treasury implemented the
asset freeze provisions of UNSCR 2094 (2013) by designating Mun
Cho’ng-Ch’o’l, a Tanchon Commercial Bank (TCB) representative who served
in Beijing, China; and Yo’n Cho’ng-Nam and Ko Ch’o’l-Chae, both based
in Dalian, China, and representatives of Korea Mining Development
Corporation (KOMID), pursuant to Executive Order (E.O.) 13382, which
targets proliferators of WMD and their supporters. The Second Academy of
Natural Sciences and Korea Complex Equipment Import Corporation, listed
in UNSCR 2094 today, were previously designated pursuant to E.O. 13382
in August 2010 and October 2005 respectively.
“These individuals are important actors within North Korea’s
proliferation network who have been working to gain access to
international markets,” said Under Secretary for Terrorism and Financial
Intelligence David S. Cohen. “We will continue to work with our
partners around the world to expose these operations and hold North
Korea accountable for its provocative and destabilizing acts.”
TCB was identified in the annex of E.O. 13382 in June 2005 because it
acts as the financial arm of KOMID, Pyongyang’s premier arms dealer and
main exporter of goods and equipment related to ballistic missiles and
conventional weapons. KOMID was also listed in the annex to E.O. 13382
in June 2005 for its role in North Korea’s proliferation of WMD.
KOMID has offices in multiple countries around the world and
facilitates weapons sales for the North Korean government. TCB plays a
role in financing KOMID’s sales of ballistic missiles and has also been
involved in ballistic missile transactions from KOMID to Iran’s Shahid
Hemmat Industrial Group (SHIG), the U.S. and UN-sanctioned Iranian
organization responsible for developing liquid-fueled ballistic
missiles. In addition to their listings under E.O. 13382, both TCB and
KOMID were designated by the UNSCR 1718 Committee in April 2009.
These designations under E.O. 13382 generally result in the
prohibition of transactions between these individuals and any U.S.
person, and the freezing of any assets they may have under U.S.
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