RUSSIA AND CHINA BLOCK US BID TO BLACKLIST MOSCOW BANK AT UN

Rferl on 10th August reported that Russia and China have blocked a US proposal to add –

  • a Russian bank – Agrosoyuz Commercial Bank for allegedly helping North Korea evade UN-imposed restrictions on financial transactions;
  • Moscow-based North Korean banker – Ri Jong Won, the deputy representative of North Korea’s Foreign Trade Bank (FTB) in Moscow; and
  • what the US said were 2 North Korean front companies of FTB – Dandong Zhongsheng Industry & Trade and Korea Ungum Corporation,

to a UN blacklist.  They have already been added to the US sanctions lists.

https://www.rferl.org/a/russia-china-block-us-bid-blacklist-moscow-bank-agrosoyuz-north-korean-banker-un-security-council/29425395.html

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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