“Pursuant to the authority in section 1(ii) of Executive Order 13382, ‘Blocking Property of Weapons of Mass Destruction Proliferators and Their Supporters’, the Under Secretary of State for Arms Control and International Security, in consultation with the Secretary of the Treasury and the Attorney General, has determined that the North Korean entities Ministry of Atomic Energy Industry, Academy of National Defense Science, the National Aerospace Development Administration as well as the individuals Choe Chun Sik and Kang Mun Kil, have engaged, or attempted to engage, in activities or transactions that have materially contributed to, or pose a risk of materially contributing to, the proliferation of weapons of mass destruction or their means of delivery (including missiles capable of delivering such weapons), including any efforts to manufacture, acquire, possess, develop, transport, transfer or use such items, by any person or foreign country of proliferation concern. The Under Secretary of State for Arms Control and International Security, in consultation with the Secretary of the Treasury and the Attorney General, has also determined that the North Korean Namhung Trading Corporation is an alias of Namchongang Trading Corporation, which is designated pursuant to Executive Order 13382.” [Previously published in Visual Compliance Regulations Update 03-10-2016.]
81 FR 13872-73
Published 03-15-2016