Showing posts with label INDIVIDUAL SANCTIONS. Show all posts
Showing posts with label INDIVIDUAL SANCTIONS. Show all posts

Monday, April 28, 2014

WHITE HOUSE PRESS SECRETARY MAKES STATEMENT ON FURTHER SANCTIONS REGARDING UKRAINE

FROM:  THE WHITE HOUSE 
April 28, 2014
Statement by the Press Secretary on Ukraine

The United States has taken further action today in response to Russia’s continued illegal intervention in Ukraine and provocative acts that undermine Ukraine’s democracy and threaten its peace, security, stability, sovereignty, and territorial integrity.  At the contact group meeting in Geneva on April 17, 2014, Russia, Ukraine, the United States, and the European Union decided on a number of steps to deescalate the situation in eastern Ukraine, including refraining from further violence or provocative acts.   Since April 17, Russia has done nothing to meet its Geneva commitments and in fact has further escalated the crisis.  Russia’s involvement in the recent violence in eastern Ukraine is indisputable.

The United States made clear it would impose additional costs on Russia if it failed live up to its Geneva commitments and take concrete steps to deescalate the situation in Ukraine.  Consequently, today the United States is imposing targeted sanctions on a number of Russian individuals and entities and restricting licenses for certain U.S. exports to Russia.  The Department of the Treasury is imposing sanctions on seven Russian government officials, including two members of President Putin’s inner circle, who will be subject to an asset freeze and a U.S. visa ban, and 17 companies linked to Putin’s inner circle, which will be subject to an asset freeze.  In addition, the Department of Commerce has imposed additional restrictions on 13 of those companies by imposing a license requirement with a presumption of denial for the export, re-export or other foreign transfer of U.S.-origin items to the companies.  Further, today the Departments of Commerce and State have announced a tightened policy to deny export license applications for any high-technology items that could contribute to Russia’s military capabilities.  Those Departments also will revoke any existing export licenses that meet these conditions.

The international community has been unified in its position that Russia must cease its illegal intervention and provocative actions in Ukraine.  The United States, working closely with its partners, remains prepared to impose still greater costs on Russia if the Russian leadership continues these provocations instead of de-escalating the situation, consistent with its Geneva commitments.  The executive order signed by the President on March 20, 2014, authorizes the Secretary of the Treasury to impose sanctions on individuals and entities operating in key sectors of the Russian economy, such as financial services, energy, metals and mining, engineering, and defense.  If there is further Russian military intervention in Ukraine, we are prepared to sanction entities under this authority.

Friday, March 8, 2013

U.S. SANCTIONS INDIVIDUALS FOR AIDING N. KOREAN WMD PROGRAMS

FROM: U.S. STATE DEPARTMENT
United States Sanctions Individuals Linked To North Korean Weapons Of Mass Destruction Programs
Fact Sheet
Bureau of International Security and Nonproliferation
March 8, 2013

 

The United States welcomes the unanimous passage today of United Nations Security Council Resolution (UNSCR) 2094. North Korea's nuclear and missile proliferation activities violate the UN Security Council sanctions regime comprised of resolutions 1718 (2006), 1874 (2009) and 2087 (2013), destabilize the region, and undermine the global nonproliferation regime. The international community has condemned North Korea’s weapons of mass destruction (WMD) proliferation activity and its continued efforts to advance its nuclear and missile programs, including its announced February 12 nuclear test and its April and December 2012 launches using ballistic missile technology. These provocative acts continue to threaten international peace and security and will only result in North Korea becoming further isolated from the international community.

On Thursday, March 7, 2013 the U.S. Department of the Treasury implemented the asset freeze provisions of UNSCR 2094 (2013) by designating Mun Cho’ng-Ch’o’l, a Tanchon Commercial Bank (TCB) representative who served in Beijing, China; and Yo’n Cho’ng-Nam and Ko Ch’o’l-Chae, both based in Dalian, China, and representatives of Korea Mining Development Corporation (KOMID), pursuant to Executive Order (E.O.) 13382, which targets proliferators of WMD and their supporters. The Second Academy of Natural Sciences and Korea Complex Equipment Import Corporation, listed in UNSCR 2094 today, were previously designated pursuant to E.O. 13382 in August 2010 and October 2005 respectively.

"These individuals are important actors within North Korea’s proliferation network who have been working to gain access to international markets," said Under Secretary for Terrorism and Financial Intelligence David S. Cohen. "We will continue to work with our partners around the world to expose these operations and hold North Korea accountable for its provocative and destabilizing acts."

TCB was identified in the annex of E.O. 13382 in June 2005 because it acts as the financial arm of KOMID, Pyongyang’s premier arms dealer and main exporter of goods and equipment related to ballistic missiles and conventional weapons. KOMID was also listed in the annex to E.O. 13382 in June 2005 for its role in North Korea’s proliferation of WMD.

KOMID has offices in multiple countries around the world and facilitates weapons sales for the North Korean government. TCB plays a role in financing KOMID’s sales of ballistic missiles and has also been involved in ballistic missile transactions from KOMID to Iran’s Shahid Hemmat Industrial Group (SHIG), the U.S. and UN-sanctioned Iranian organization responsible for developing liquid-fueled ballistic missiles. In addition to their listings under E.O. 13382, both TCB and KOMID were designated by the UNSCR 1718 Committee in April 2009.

Today’s designations under E.O. 13382 generally result in the prohibition of transactions between these individuals and any U.S. person, and the freezing of any assets they may have under U.S. jurisdiction.

Identifying information:

Name: Mun Cho’ng-Ch’o’l
Nationality: Democratic People’s Republic of Korea (D.P.R.K.)
Location: C/O Tanchon Commercial Bank, Saemaeul 1-Dong, Pyongchon District, Pyongyang, North Korea
Title: Tanchon Commercial Bank Representative

Name: Yo’n Cho’ng-Nam
Nationality: Democratic People’s Republic of Korea (D.P.R.K.)
Location: Dalian, China
Title: Chief Representative, KOMID

Name: Ko Ch’o’l-Chae
Nationality: Democratic People’s Republic of Korea (D.P.R.K.)
Location: Dalian, China
Title: Deputy Representative, KOMID

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