On 19 December 2022, South Korea’s Ministry of Foreign Affairs (“MOFA”) announced new unilateral sanctions against Russian entities and individuals apparently involved in illegal military cooperation with North Korea in violation of UN Security Council resolutions. The sanctions target the illegal procurement of funds and materials for North Korea’s weapons programs. MOFA stated that the designations include Russian companies such as LLC Verus for its involvement in arms brokering between Russia and North Korea, Parsek…