The European Council (the “Council“) has adopted conclusions relating to the Democratic People’s Republic of Korea (the “DPRK“). Therein, the Council expresses concern about the regime’s activities to raise hard currency to fund its nuclear and ballistic missile programmes. While the Council notes that EU sanctions against the DPRK are amongst the most restrictive, it states that it will consider further appropriate responses in consultation with key partners and in line with UN Security Council deliberations. In particular, it notes the possibility of additional autonomous restrictive measures. The Council’s conclusions on the DPRK can be read in full here.
