UN Security Council Identifies Additional Companies Subject to Sanctions


[On 16 April 2012, the United Nations Security Council adopted a Presidential Statement to condemn North Korea’s failed missile launch. This directed the DPRK Sanctions Committee (“1718 Committee”) to impose new sanctions and tighten enforcement of existing sanctions on the DPRK. On Monday, 2 May 2012, the Committee identified three new North Korean companies for sanctions, updated information on the Committee’s lists of prohibited nuclear and ballistic missile technology, and clarified the Committee’s annual work plan. The following is the text of Security Council document SC/10633. –CanKor]

Security Council Committee Determines Entities, Goods Subject to Measures Imposed on Democratic People’s Republic of Korea by Resolution 1718 (2006)

On 16 April 2012, by its presidential statement (S/PRST/2012/13), the Security Council agreed to adjust the measures imposed by paragraph 8 of resolution 1718 (2006), as modified by resolution 1874 (2009). The Security Council further directed the Committee established pursuant to resolution 1718 (2006) to undertake these tasks and to report to the Security Council within 15 days.

On 2 May 2012, the Security Council Committee established pursuant to resolution 1718 (2006) designated the following three entities to be subject to the provisions of and the measures imposed in paragraph 8(d) of resolution 1718 (2006):

1. AMROGGANG DEVELOPMENT BANKING CORPORATION

  • Description: Amroggang, which was established in 2006, is a Tanchon Commercial Bank-related company managed by Tanchon officials. Tanchon 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). Tanchon Commercial Bank was designated by the Committee in April 2009 and is the main DPRK financial entity for sales of conventional arms, ballistic missiles and goods related to the assembly and manufacture of such weapons. KOMID was designated by the Committee in April 2009 and is the DPRK’s primary arms dealer and main exporter of goods and equipment related to ballistic missiles and conventional weapons. The Security Council designated SHIG in resolution 1737 (2006) as an entity involved in Iran’s ballistic missile programme.
  • Location: Tongan-dong, Pyongyang, DPRK
  • A.K.A.: AMROGGANGDEVELOPMENT BANK; AMNOKKANG DEVELOPMENT BANK

2. GREEN PINE ASSOCIATED CORPORATION

  • Description: Green Pine Associated Corporation (“Green Pine”) has taken over many of the activities of the Korea Mining Development Trading Corporation (KOMID). KOMID was designated by the Committee in April 2009 and is the DPRK’s primary arms dealer and main exporter of goods and equipment related to ballistic missiles and conventional weapons.
    Green Pine is also responsible for approximately half of the arms and related materiel exported by the DPRK.
    Green Pine has been identified for sanctions for exporting arms or related material from North Korea. Green Pine specializes in the production of maritime military craft and armaments, such as submarines, military boats and missile systems, and has exported torpedoes and technical assistance to Iranian defence-related firms.
  • Location: c/o Reconnaissance General Bureau Headquarters, Hyongjesan-Guyok, Pyongyang, North Korea; Nungrado, Pyongyang, DPRK
  • A.K.A.: CHO’NGSONG UNITED TRADING COMPANY; CHONGSONG YONHAP; CH’O’NGSONG YO’NHAP; CHOSUN CHAWO’N KAEBAL T’UJA HOESA; JINDALLAE; KU’MHAERYONG COMPANY LTD; NATURAL RESOURCES DEVELOPMENT AND INVESTMENT CORPORATION; SAEINGP’IL COMPANY

3. KOREA HEUNGJIN TRADING COMPANY

  • Description: The Korea Heungjin Trading Company is used by KOMID for trading purposes. We suspect it has been involved in supplying missile-related goods to Iran’s Shahid Hemmat Industrial Group (SHIG). Heungjin has been associated with KOMID, and, more specifically, KOMID’s procurement office. Heungjin has been used to procure an advanced digital controller with applications in missile design. KOMID was designated by the Committee in April 2009 and is the DPRK’s primary arms dealer and main exporter of goods and equipment related to ballistic missiles and conventional weapons. The Security Council designated SHIG in resolution 1737 (2006) as an entity involved in Iran’s ballistic missile programme.
  • Location: Pyongyang, DPRK
  • A.K.A.: HUNJIN TRADING CO., KOREA HENJIN TRADING CO., KOREA HENGJIN TRADING COMPANY

The Committee also determined that the items, materials, equipment, goods and technology related to ballistic missile programmes in document S/2012/235 shall be subject to the measures imposed in paragraphs 8(a), (b) and (c) of resolution 1718 (2006).

Furthermore, the Committee determined that the items contained in document INFCIRC/254/Rev.10/Part1 shall be subject to the measures imposed in paragraphs 8(a), (b) and (c) of resolution 1718 (2006).

On the same date, the Committee also adopted its programme of work.

The lists of entities, goods and individuals are available on the Committee’s website, http://www.un.org/sc/committees/1718/index.shtml.

One Response to “UN Security Council Identifies Additional Companies Subject to Sanctions”

  1. Caveat Emptor: Mineral Development, Sanctions, and North Korea « SINO-NK Says:

    […] “UN Security Council Identifies Additional Companies Subject to Sanctions,” Posted by CanKor, M… […]


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