Global Trade Alert
Global Trade Alert

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

Announcement

27 May 2022

In May 2022, the Department of Treasury imposed sanctions on two Russian Banks and a Korean trading company.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

27 May 2022

Revocation date:

No revocation date

Announced: 27 May 2022
Controls on commercial transactions and investment instruments In force
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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