Announcement
10 Apr 2025
In April 2025, the South Korean government imposed "unilateral sanctions" on entities from Hong Kong and Russia for their alleged involvement in the illegal transporting of North Korean-produced iron ore.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
10 Apr 2025
Revocation date:
No revocation date
Updated: 10 Apr 2025
Controls on credit operations
In force
On 10 April 2025, the South Korean government imposed sanctions on Russia-based company LLC CONSUL DV for the alleged involvement in illegal transporting of North Korean-produced iron ore.
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Updated: 10 Apr 2025
Controls on credit operations
In force
On 10 April 2025, the South Korean government imposed sanctions on Hong Kong-based company Xiang Rui Shipping Co Ltd for the alleged illegal transporting of North Korean-produced iron ore.
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