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UN Imposed Sanctions

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Today, taking effect at 6pm CET, the Swiss Federal Council further tightened sanctions against the Democratic People’s Republic of Korea (North Korea), implementing UN Security Council Resolutions 2371 (2017) and 2375 (2017). As a consequence of the North Korean rocket tests on 3 and 28 July and the nuclear test on 2 September this year, in contravention of all previous UN Security Council Resolutions, on 5 August 2017 the UN Security Council issued Resolution 2371 (2017), closely followed by Resolution 2375 on 11 September 2017, tightening considerably the sanctions already imposed on North Korea. The resolutions include additional sanctions on the trade in goods, on the financial sector and on work permits. The Swiss Federal Council’s decree of today, 18 October 2017, implements these measures, which are binding under international law, by amending the Swiss Ordinance on Measures against the Democratic People’s Republic of Korea of 18 May 2016. Work permits may no longer be issued to citizens of North Korea, with the exception of permits issued under employment contracts concluded before 11 September 2017. In the financial sector, joint ventures and cooperatives, both ongoing and new, with North Korean individuals or companies are no longer permitted. Existing joint ventures and cooperatives must be discontinued by 9 January 2018 at the latest.

In recent days, the European Union (“EU”) has implemented measures giving effect to United Nations Security Council (“UNSC”) resolutions targeting Libya’s oil sector. Additionally, the UNSC has recently sanctioned one further entity. On 4 August 2017, the European Union adopted: Council Regulation (EU) 2017/1419 of 4 August 2017 amending Regulation (EU) 2016/44 (see here) and Council Decision (CFSP) 2017/1427 of 4 August 2017 amending Decision (CFSP) 2015/1333 (see here), which implement UNSC Resolution 2362 (2017)…

The UN Security Council is scheduled to meet on Wednesday 30 November to vote on a resolution tightening sanctions against North Korea, following its fifth nuclear test in September.  According to public reports, the resolution is expected to impose additional export restrictions on commodities (including coal, a major North Korean export) and decorative statues, as well as restrictions on banking transactions and new designations of individuals and entities involved in the North Korean nuclear and…

The UN Security Council (“UNSC“) yesterday lifted its arms embargo on non-state actors in Liberia, terminating the remainder of its Liberian sanctions regime (UNSC Resolution 2288 (2016) (“UNSCR 2288“)), and dissolved the UN Liberia Sanctions Committee and Panel of Experts with immediate effect.  UNSCR 2288 welcomes the sustained progress made by the Liberian government in rebuilding Liberia following the 2003 civil war, and recalls the UNSC’s determination to terminate sanctions upon full implementation of the provisions of the Comprehensive Peace Agreement (signed on 18 August 2003 by the Liberian government, rebel groups, political parties and civil society leaders) and sufficient stability and security of the wider region. Welcoming the adoption of UNSC 2288, UN Secretary-General Ban Ki-moon called on the Liberian government to establish the necessary legal and administrative framework to combat the illicit trafficking of arms and ammunition.