The United States has imposed sanctions on eleven individuals and eight entities for their roles in supporting the Democratic People’s Republic of Korea (DPRK) and its collaboration with Russia. This move comes after a series of missile tests conducted by the DPRK, including an intercontinental ballistic missile test on October 31, 2024, which was the first since December 2023. Following this, on November 5, 2024, the DPRK launched at least seven short-range ballistic missiles off its eastern coast.
These actions are viewed as increasing global military tensions and destabilizing regional peace and security. The DPRK is also reported to have sent soldiers to Russia, integrating them with Russian forces and providing military equipment such as munitions, ballistic missile launchers, and ballistic missiles. The DPRK continues to generate revenue through foreign-based workers, state-owned entities, and financial institutions to support its weapons programs.
According to Executive Order 13382, which targets proliferators of weapons of mass destruction (WMD), the Department of State has designated two individuals and one entity related to these unlawful programs. "For more information on State’s action," interested parties can refer to the Fact Sheet provided by the Department.
The Treasury Department's actions align with several executive orders: 13382, 13551, 13687, 13810, and 14024. For further details on these measures taken today by the Treasury Department, one can review their press release.
