New Sanctions Against Two Men Located in China: For Supporting North Korean Air Carrier

The U.S. Treasury Department’s Office of Foreign Asset Control (OFAC) is issuing new sanctions against two persons located in China:

• RI, Sok
  • Location: Dandong, China
  • DOB 28 Jul 1973
  • nationality North Korea
  • Gender Male
• YAN, Zhiyong
  • Location:Beijing, China
  • DOB 15 Feb 1980
  • POB Shandong, China;
  • nationality China
  • Gender Male

Both men are sanctioned because they acted on behalf of Air Koryo, the national airline of the Democratic People’s Republic of Korea (North Korea), which is itself a sanctioned business.

All property and interests in property subject to U.S. jurisdiction of these persons are blocked, and U.S. persons are generally prohibited from engaging in transactions with either gentleman. Thus, you should ensure that you are not transacting business with either one. You may want to examine your past transactions and identify whether there is information that needs to be self-disclosed to the government.

These sanctions are expected to be published tomorrow, but the sanction orders were effective as of November 7, 2022.

We recommend that you check every export transaction for compliance. For more on aircraft parts export compliance, watch our export webinars, which are available on-demand through ASA. They are free for ASA members and they are available for a nominal fee to non-members.