OFAC Adds to SDN List
The Office of Foreign Assets Control added seven individuals, 16 entities and 16 aircraft to its Specially Designated Nationals (SDN) list, under North Korea and nonproliferation designations, OFAC said (here). The additions follow the UN Security Council's Nov. 30 passage…
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of more sanctions on the country, which imposes a "hard, binding cap" cutting North Korea's coal exports by more than 60 percent, and banning its export of copper, nickel, silver and zinc, a State Department spokesman said (here). "These exports have provided tens of millions of dollars to the regime annually," the spokesman said, adding that it is his understanding that China agreed with the sanctions.