Overview
- OFAC and the State Department designated one Myanmar company and five individuals on Sept. 25 for facilitating revenue generation for the DPRK and supplying materiel to Myanmar’s military.
- Myanmar-based Royal Shune Lei Co. Ltd. was blacklisted along with executives Kyaw Thu Myo Myint, Tin Myo Aung, and Aung Ko Ko Oo for brokering deals for the Burmese Air Force with a DPRK intermediary.
- Kim Yong Ju, the Beijing-based deputy representative of KOMID — identified by the U.S. as North Korea’s primary arms dealer — was named for involvement in the weapons transactions.
- Nam Chol Ung, a representative of the Reconnaissance General Bureau, was designated for laundering foreign currency through a network of businesses across Southeast Asia.
- Treasury cited Executive Orders 13687, 13551, and 14014, linked the action to Myanmar’s post-coup attacks on civilians, and noted continued coordination through the G7+ DPRK Sanctions Contact Group.