North Korea: EU adopts new restrictions on trade, financial services, investment and transport

EU News 189/2016

Council of the EU
27/05/2016

On 27 May 2016, the Council adopted additional restrictive measures against the Democratic People's Republic of Korea (DPRK). These measures complement and reinforce the sanctions regime imposed by United Nations Security Council (UNSC) resolutions.

In response to the nuclear test conducted by the DPRK on 6 January 2016 and the launch using ballistic missile technology of 7 February, the UNSC adopted resolution 2270 on 2 March 2016 imposing additional restrictive measures against the DPRK. On 5 and 31 March 2016 the Council transposed  this resolution into EU law.

Considering that the actions of the DPRK constitute a grave threat to international peace and security in the region and beyond, the EU decided to further expand its restrictive measures targeting the DPRK's nuclear, weapons of mass destruction and ballistic missile programmes.

Source and additional information:
http://www.consilium.europa.eu/en/press/press-releases/2016/05/27-dprk-new-restrictions/

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