[Federal Register Volume 78, Number 57 (Monday, March 25, 2013)]
[Notices]
[Page 17997]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2013-06762]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control


Actions Taken Pursuant to Executive Order 13382

AGENCY: Office of Foreign Assets Control, Treasury Department.

ACTION: Notice.

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SUMMARY: The Treasury Department's Office of Foreign Assets Control 
(``OFAC'') is publishing on OFAC's list of Specially Designated 
Nationals and Blocked Persons (``SDN List'') the names of one entity 
and one individual, whose property and interests in property are 
blocked pursuant to Executive Order 13382 of June 28, 2005, ``Blocking 
Property of Weapons of Mass Destruction Proliferators and Their 
Supporters.'' The designations by the Director of OFAC, pursuant to 
Executive Order 13382, were effective on March 11, 2013.

FOR FURTHER INFORMATION CONTACT: Assistant Director, Compliance 
Outreach & Implementation, Office of Foreign Assets Control, Department 
of the Treasury, Washington, DC 20220, Tel.: 202/622-2490.

SUPPLEMENTARY INFORMATION:

Electronic and Facsimile Availability

    This document and additional information concerning OFAC are 
available from OFAC's Web site (www.treasury.gov/ofac) or via facsimile 
through a 24-hour fax-on-demand service, Tel.: 202/622-0077.

Background

    On June 28, 2005, the President, invoking the authority, inter 
alia, of the International Emergency Economic Powers Act (50 U.S.C. 
1701-1706) (``IEEPA''), issued Executive Order 13382 (70 FR 38567, July 
1, 2005) (the ``Order''), effective at 12:01 a.m. eastern daylight time 
on June 29, 2005. In the Order, the President took additional steps 
with respect to the national emergency described and declared in 
Executive Order 12938 of November 14, 1994, regarding the proliferation 
of weapons of mass destruction and the means of delivering them.
    Section 1 of the Order blocks, with certain exceptions, all 
property and interests in property that are in the United States, or 
that hereafter come within the United States or that are or hereafter 
come within the possession or control of United States persons, of: (1) 
The persons listed in the Annex to the Order; (2) any foreign person 
determined by the Secretary of State, in consultation with the 
Secretary of the Treasury, the Attorney General, and other relevant 
agencies, to have engaged, or attempted to engage, in activities or 
transactions that have materially contributed to, or pose a risk of 
materially contributing to, the proliferation of weapons of mass 
destruction or their means of delivery (including missiles capable of 
delivering such weapons), including any efforts to manufacture, 
acquire, possess, develop, transport, transfer or use such items, by 
any person or foreign country of proliferation concern; (3) any person 
determined by the Secretary of the Treasury, in consultation with the 
Secretary of State, the Attorney General, and other relevant agencies, 
to have provided, or attempted to provide, financial, material, 
technological or other support for, or goods or services in support of, 
any activity or transaction described in clause (2) above or any person 
whose property and interests in property are blocked pursuant to the 
Order; and (4) any person determined by the Secretary of the Treasury, 
in consultation with the Secretary of State, the Attorney General, and 
other relevant agencies, to be owned or controlled by, or acting or 
purporting to act for or on behalf of, directly or indirectly, any 
person whose property and interests in property are blocked pursuant to 
the Order.
    On March 11, 2013, the Director of OFAC, in consultation with the 
Departments of State, Justice, and other relevant agencies, designated 
one entity and one individual whose property and interests in property 
are blocked pursuant to Executive Order 13382.
    The list of additional designees is as follows:
    1. FOREIGN TRADE BANK OF THE DEMOCRATIC PEOPLE'S REPUBLIC OF KOREA 
(a.k.a. NORTH KOREA'S FOREIGN TRADE BANK), FTB Building, Jungsong-dong, 
Central District, Pyongyang, Korea, North; SWIFT/BIC FTBD KP PY 
[NPWMD].
    2. PAEK, Se-Bong (a.k.a. PAEK, Se Pong); DOB 21 Mar 1938; Chairman, 
Second Economic Committee (individual) [NPWMD].

    Dated: March 11, 2013.
Adam J. Szubin,
Director, Office of Foreign Assets Control.
[FR Doc. 2013-06762 Filed 3-22-13; 8:45 am]
BILLING CODE 4810-AL-P