Global Trade Alert
Global Trade Alert

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

Announcement

02 Apr 2024

In April 2024, the South Korean government announced it would impose sanctions on 2 Russian entities and 2 Russian vessels for their alleged cooperation with North Korea.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

03 Apr 2024

Revocation date:

No revocation date

Updated: 02 Apr 2024
Instrument unclear In force
On 2 April 2024, the South Korean government announced it would impose sanctions on 2 Russian vessels for their alleged transport of military supplies between Russia and North Korea. The measure enter...
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Updated: 02 Apr 2024
Controls on credit operations In force
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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