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Global Trade Alert

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Republic of Korea: Government imposes sanctions on Russian vessels and entities linked to North Korea

Description

On 2 April 2024, the South Korean government announced it would impose sanctions on 2 Russian entities for their alleged involvement in dispatching North Korean IT professionals overseas. The measure ...

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Intervention Details

Intervention Type

Controls on credit operations

MAST Chapter

Capital control measures

Implementation date

03 Apr 2024

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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Affected Sectors

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Affected Products

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