OFAC Issues North Korea Sanctions in Response to Recent Missile Launches
The Office of Foreign Assets Control this week sanctioned three people for being members of the Workers’ Party of Korea and helping North Korea develop weapons of mass restriction and ballistic missiles. The designations target Jon Il Ho, Yu Jin and Kim Su Gil, OFAC said. Brian Nelson, Treasury's undersecretary for terrorism and financial intelligence, said the sanctions were in response to North Korean missile launches (see Ref:2211070016]).
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“Recent launches demonstrate the need for all countries to fully implement UN Security Council resolutions, which are intended to prevent the DPRK from acquiring the technologies, materials, and revenue Pyongyang needs to develop its prohibited WMD and ballistic missile capabilities," Nelson said. The EU recently called on all U.N. members to fully implement sanctions against North Korea in response to the country's missile launches last month that landed near Japan (see 2211220022).
U.S. National Security Adviser Jake Sullivan previewed the sanctions during a Nov. 30 conference hosted by the Center for Strategic and International Studies and a South Korean media group, saying the U.S. wants to “increase the costs and increase the robustness of our response to what we are seeing" from North Korea's weapons testing.
Sullivan also said the U.S. is “prepared” to meet with Pyongyang “without any preconditions,” but the country has so far rejected such a meeting. “We also are open to serious and sustained dialogue with the DPRK. We've made clear in both public and private communications that we bear no hostile intent towards the DPRK,” Sullivan said. “But at the same time, we are not going to cease our consistent and persistent efforts to push back against the provocative activities that we're seeing from the north.”