For the first time in South Korea, the Korean person personally included in the sancti

South Korea conducts illegal financial activities to help North Korea, and South Korea conducts illegal financial activities to help North Korea.Single sanctions on Korean citizens invested in North Korea joint venture on Korean -interested in North Korea.

Yonhap reported that the South Korean Ministry of Foreign Affairs announced on Wednesday (June 28) that the Korean Russian Russian Cui Tiankun (transliteration) who violated the UN Security Council's sanctions against the DPRK was included in the list of individual sanctions on the DPRK.Cui Tiankun's representatives of the Mongolian and Russian companies, as well as his helper and the representative of the North Korean Trade Bank in Vladivostok, also listed as the object of sanctions.

This is the first time that the South Korean government has listed Korean individuals on the sanctions list on North Korea.The two individuals and two companies were blacklisted by one country for the first time.

The Ministry of Foreign Affairs of South Korea revealed that Cui Tiankun was originally a South Korean citizen and later obtained Russian nationality. He intervened in violation of the Security Council's sanctions and served the North Korean regime.In order to avoid sanctions, he set up a leather bag company in Mongolia to help North Korea's illegal financial activities.At the same time, he and Xu Ming set up a trading company in Russia with Xu Ming to carry out activities.Xu Ming's North Korean Trade Bank was listed as a sanctions on August 2017.

The Ministry of Foreign Affairs of South Korea said that it is forbidden to use Cui Tiankun to use the financial network in South Korea to play a substantial role in restricting his violation of sanctions on the North Korea.If you want to conduct foreign exchange or financial transactions with the individual and entities listed as the object of sanctions on the North Korea, you must obtain the approval of the Central Bank President and the Financial Commission in advance, and the transaction will be punished according to law.

This is the ninth time that Yin Xiyue has committed unilateral sanctions on North Korea since he served as the President of South Korea. So far, a total of 45 individuals and 47 entities have been blacklisted.