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EU adopts new measures against North Korea

North Korean leader Kim Jong Un watches a performance given with splendor at the People's Theatre on Wednesday to mark the 70th anniversary of the founding of the State Merited Chorus in this photo released by North Korea's Korean Central News Agency (KCNA) in Pyongyang on February 23, 2017. KCNA/via REUTERS

 

On 27 February 2017, the Council adopted legal acts imposing further restrictive measures against the Democratic People’s Republic of Korea (DPRK).  These legal acts transpose the additional restrictive measures imposed by United Nations Security Council resolution (UNSCR) 2321 adopted on 30 November 2016.

The measures include restrictions on transactions in coal, iron and iron ore from the DPRK, and a ban on imports of copper, nickel, silver, zinc as well as statues from the DPRK. The measures also include a ban on export of new helicopters and vessels to the DPRK, the tightening of existing restrictions in the transport sector as well as in the financial sector, like a prohibition for a DPRK diplomatic mission and for a DPRK diplomat to have more than one bank account in the EU and restrictions on the use of real estate property by the DPRK in the EU.

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