Press Release: Declaration by the High Representative on behalf of the EU on the alignment of certain countries concerning restrictive measures against the Democratic People’s Republic of Korea

On 27 May 2016, the Council of the European Union adopted Council Decision (CFSP) 2016/849 concerning restrictive measures against the Democratic People's Republic of Korea.

The Council Decision of 16 June 2016 adopted additional restrictive measures against the Democratic People's Republic of Korea (DPRK) by prohibiting the supply, sale or transfer to the DPRK of further items, materials and equipment relating to dual-use goods and technology. In addition, it prohibited transfers of funds to and from DPRK unless specifically authorised in advance.

ESO: Background information: North Korea: EU adopts new restrictions on trade, financial services, investment and transport http://www.europeansources.info/record/press-release-north-korea-eu-adopts-new-restrictions-on-trade-financial-services-investment-and-transport/

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