Background On 18 February 2017, China’s Ministry of Commerce and General Administration of Customs jointly issued Announcement [2017] No. 12 (“Announcement No. 12”), imposing a blanket suspension on imports of coal produced in North Korea for the rest of the year. The suspension includes imports for which applications have been made, but not yet processed by Customs. Announcement No. 12 takes effect from 19 February 2017, and will be effective till 31 December 2017. Announcement…
Background In response to the nuclear test conducted by North Korea in September, China’s Ministry of Commerce, the Ministry of Industry and Information Technology, the State Administration of Science, Technology and Industry for National Defence, the China Atomic Energy Authority and General Administration of Customs jointly issued Announcement [2017] No. 9 (“Announcement No. 9”) on 25 January 2017. This was issued in conjunction with the U.N. Security Council Resolution 2321 (2016), adopted on November 30,…
China has banned exports to the Democratic People’s Republic of Korea (“DPRK”) of technology and materials that might be used in weapons production. The new list of items banned for export to DPRK adds to a list of technologies and goods banned for export released in 2013 by the Commerce Ministry, the Ministry of Industry and Information Technology, and the China Atomic Energy Authority 2013 after DPRK had carried out its third nuclear test that…
The United Nations (Sanctions – Iran) Regulations 2014 (“Sanctions”) was enacted and took effect on 29 September 2014. The United Nations (Sanctions – Iran) Regulations 2007 (“2007 Sanctions”) have been correspondingly revoked. The Sanctions build on the existing sanctions detailed in the 2007 Sanctions and provide for additional prohibitions and duties pursuant to United Nations Security Council (UNSC) Resolutions 1747 (2007), 1803 (2008), and 1929 (2010) (“Resolutions”). The Sanctions also accord wider powers to…