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Global Trade Alert

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United States of America: Treasury imposes sanctions on two Russian Banks for supporting North Korea’s WMD and Ballistic Missile Programs

Description

On 27 May 2022, The U.S. Department of the Treasury imposed sanctions on two banks, and a trading company for their support to the Democratic People’s Republic of Korea’s (DPRK) development of weapons...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

27 May 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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