• Kyodo


Nine organizations and two individuals were added Friday to the list of entities subject to Japanese sanctions against North Korea because of their alleged involvement in Pyongyang’s nuclear weapons and ballistic missile programs, the Foreign Ministry said.

Financial firms and individuals will now have to first obtain government permission to do business with the organizations, which include Daedong Credit Bank and Korea Daesong Bank, both located in Pyongyang, and the individuals, including Kim Chol Sam, who is in charge of accounting at Daedong Credit Bank, it said.

The move was taken on the basis of the foreign trade law in accordance with a U.N. Security Council resolution on North Korea. The U.S. government has placed similar sanctions on the same entities and individuals.

The second individual was identified as Son Mun San, a senior official in North Korea’s nuclear power development section.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.