Skip to content
  • Home
  • World News
  • Business
  • Aviation
195 news

195News

All the news that's fit to print

  • Home
  • World News
  • Business
  • Aviation
  • Toggle search form
  • War Day 164: war diaries w/Advisor to Ukraine President, Intel Officer @arestovych  & #Feygin
    War Day 164: war diaries w/Advisor to Ukraine President, Intel Officer @arestovych & #Feygin World News
  • British Actor Make a Mark With His Philanthropic Activities, Shows Real Heroes Are More Than Just Reel Life Acts
    British Actor Make a Mark With His Philanthropic Activities, Shows Real Heroes Are More Than Just Reel Life Acts Business
  • RoboForex Is Announced the Winner in The Best Mobile Trading App Nomination
    RoboForex Is Announced the Winner in The Best Mobile Trading App Nomination World News
  • Iran admits to supplying drones to Russia – BBC News
    Iran admits to supplying drones to Russia – BBC News World News
  • GoZone WiFi and Qfactor Airport Advertising Partner to Accelerate Airport Wi-Fi Advertising
    GoZone WiFi and Qfactor Airport Advertising Partner to Accelerate Airport Wi-Fi Advertising Aviation
  • FAA Outlines Hawaii Air Tour Safety Improvements
    FAA Outlines Hawaii Air Tour Safety Improvements Aviation
  • On-Screen Tours that Ignite Digital Growth for Local Businesses
    On-Screen Tours that Ignite Digital Growth for Local Businesses Business
  • ONE Future Releases Fifth Annual Methane Intensity Numbers of 0.462%
    ONE Future Releases Fifth Annual Methane Intensity Numbers of 0.462% Business
Designating Those Generating Revenue for the DPRK

Designating Those Generating Revenue for the DPRK

Posted on March 3, 2023 By NewsEditor
Designating Those Generating Revenue for the DPRK

The United States is committed to countering the Democratic People’s Republic of Korea’s (DPRK) efforts to generate revenue for its unlawful weapons of mass destruction (WMD) and ballistic missile programs.  Today, we are taking action against three entities and two individuals that have attempted to do so.

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designating Chilsong Trading Corporation and Korea Paekho Trading Corporation pursuant to Executive Order (E.O.) 13687 for being agencies, instrumentalities, or controlled entities of the DPRK Government.  OFAC is also designating Hwang Kil Su and Pak Hwa Song, as well as an entity owned or controlled by Pak, Congo Aconde SARL, pursuant to E.O. 13810.

These entities and individuals have all generated revenues, which the DPRK utilizes for its weapons programs.  Pak and Hwang established Congo Aconde SARL in the Democratic Republic of the Congo to earn revenue from construction and statue-building projects with local governments.  Chilsong is subordinate to the DPRK Government, which uses trading companies like Chilsong to earn foreign currency, collect intelligence, and provide cover status for intelligence operatives.  Paekho has generated funds for the DPRK government since the 1980s by conducting art and construction projects on behalf of governments throughout the Middle East and Africa.  Paekho is subordinate to the UN- and U.S.-designated DPRK Ministry of People’s Armed Forces.

Today’s action further aligns U.S. sanctions with our international partners.  The European Union previously designated Chilsong, Paekho, Pak, and Hwang for engaging in sanctions evasion and being responsible for supporting the DPRK’s unlawful nuclear and ballistic missile programs.

For more information on these actions, see Treasury’s press release .

Official news published at https://www.state.gov/designating-those-generating-revenue-for-the-dprk/

World News

Post navigation

Previous Post: Welcoming Progress on the Path to Normalization between Kosovo and Serbia
Next Post: United States Engagement with the G20

Related Posts

  • War Day 553: Hits on Russian Pskov Base and 7 more targets
    War Day 553: Hits on Russian Pskov Base and 7 more targets World News
  • Poet and Advocate Ellis Washoe Releases Debut Book “To Be Human”
    Poet and Advocate Ellis Washoe Releases Debut Book “To Be Human” World News
  • Day 448: war diaries w/Former Advisor to Ukraine President, Intel Officer  @arestovych  & #Feygin
    Day 448: war diaries w/Former Advisor to Ukraine President, Intel Officer @arestovych & #Feygin World News
  • Vapor Technology Association Statement on Critical Reagan-Udall Foundation Final Report
    Vapor Technology Association Statement on Critical Reagan-Udall Foundation Final Report World News
  • Hypno Challenge Reality Show to Champion the Transformative Power of Hypnotherapy
    Hypno Challenge Reality Show to Champion the Transformative Power of Hypnotherapy World News
  • Secretary Blinken’s Meeting with Dutch Foreign Minister Hoekstra
    Secretary Blinken’s Meeting with Dutch Foreign Minister Hoekstra World News
June 2025
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
30  
« May    
last celebrity gossip
Gossip Stone - celebrity life and gossip

Recent Posts

  • Smith Earns ISO/IEC 17025 AS6171 Accreditation at Its Global Operational HubsJune 3, 2025
  • Trends, Growth, and Insights Through 2034June 3, 2025
  • Payroll Service Companies Drive Efficiency and Compliance for Texas SMBsJune 3, 2025
  • Forward Edge-AI wins patent for blockchain-secure, quantum-proof ML updates—a leap for trusted AI governance.June 2, 2025
  • Mainstreaming Women’s Health in Congress with the First-Ever Women’s Health Capitol Hill DayJune 2, 2025
Brand Values Content
VUGA Enterprises - media network PR & Marketing
  • geniant Joins Forces With Leading Product Design and Innovation Firm 17seconds to Drive Holistic Transformation of the Financial Services Industry
    geniant Joins Forces With Leading Product Design and Innovation Firm 17seconds to Drive Holistic Transformation of the Financial Services Industry Business
  • Wholesale and Distribution Automotive Aftermarket Market Size, Share And Growth Analysis For 2024-2033
    Wholesale and Distribution Automotive Aftermarket Market Size, Share And Growth Analysis For 2024-2033 World News
  • Corinium Global Intelligence Announces CDAO Chicago 2025 in Chicago, IL
    Corinium Global Intelligence Announces CDAO Chicago 2025 in Chicago, IL Business
  • Mission Hospital in Malawi Cut Off by Floods from Community in Aftermath of Tropical Cyclone Freddy
    Mission Hospital in Malawi Cut Off by Floods from Community in Aftermath of Tropical Cyclone Freddy World News
  • Day 441: war diaries w/Former Advisor to Ukraine President, Intel Officer  @arestovych  & #Feygin
    Day 441: war diaries w/Former Advisor to Ukraine President, Intel Officer @arestovych & #Feygin World News
  • War Day 330: war diaries w/Advisor to Ukraine President, Intel Officer @arestovych & #Feygin
    War Day 330: war diaries w/Advisor to Ukraine President, Intel Officer @arestovych & #Feygin World News
  • Joint Statement on OPCW Report Finding Syrian Regime Responsible for Chemical Weapons Attack in Douma, Syria on April 7, 2018
    Joint Statement on OPCW Report Finding Syrian Regime Responsible for Chemical Weapons Attack in Douma, Syria on April 7, 2018 World News
  • Inflation Causes Less Uncertainty When Businesses Can Adapt to Rising Costs
    Inflation Causes Less Uncertainty When Businesses Can Adapt to Rising Costs Business
aerospace company
stem cell clinic in kiev
medical spa in miami
Fashion TV free

Copyright © 2023 195 News. All Rights Reserved by Coolaser | Partner of VUGA Enterprises |  Advertising: Get Published

Powered by .