[Federal Register Volume 85, Number 13 (Tuesday, January 21, 2020)]
[Notices]
[Pages 3485-3486]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-00771]


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DEPARTMENT OF THE TREASURY

Office of Foreign Assets Control


Notice of OFAC Sanctions Actions

AGENCY: Office of Foreign Assets Control, Treasury.

ACTION: Notice.

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SUMMARY: The Department of the Treasury's Office of Foreign Assets 
Control (OFAC) is publishing the names of one or more persons that have 
been placed on OFAC's Specially Designated Nationals and Blocked 
Persons List based on OFAC's determination that one or more applicable 
legal criteria were satisfied. 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 
them.

DATES: See Supplementary Information section for applicable date(s).

FOR FURTHER INFORMATION CONTACT: 
    OFAC: Associate Director for Global Targeting, tel.: 202-622-2420; 
Assistant Director for Licensing, tel.: 202-622-2480; Assistant 
Director for Regulatory Affairs, tel.: 202-622-4855; Assistant Director 
for Sanctions Compliance & Evaluation, tel.: 202-622-2490.

SUPPLEMENTARY INFORMATION:

Electronic Availability

    The Specially Designated Nationals and Blocked Persons List and 
additional information concerning OFAC sanctions programs are available 
on OFAC's website (www.treasury.gov/ofac).

Notice of OFAC Actions

    On January 20, 2020, OFAC determined that the property and 
interests in property subject to U.S. jurisdiction of the following 
persons are blocked under the relevant sanctions authority listed 
below.

Entities

    1. KOREA NAMGANG TRADING CORPORATION (a.k.a. DPRK NAMGANG 
TRADING COMPANY), Pyongyang, Korea, North; Secondary sanctions risk: 
North Korea Sanctions Regulations, sections 510.201 and 510.210 
[DPRK3] [DPRK-NKSPEA].
    Designated pursuant to section 2(a)(iv) of Executive Order 13722 
of March 15, 2016, ``Blocking Property of the Government of North 
Korea and the Worker's Party of Korea, and Prohibiting Certain 
Transactions With Respect to North Korea'' (E.O. 13722), for

[[Page 3486]]

having engaged in, facilitated, or been responsible for the 
exportation of workers from North Korea, including exportation to 
generate revenue for the Government of North Korea or the Workers 
Party of Korea.
    Also designated pursuant Section 104(b)(1)(L) of the North Korea 
Sanctions and Policy Enhancement Act of 2016, Pub. L. 114-122, as 
amended by section 311 of the Countering America's Adversaries 
Through Sanctions Act (Pub. L. 115-44) (NKSPEA, as amended) for 
knowingly, directly or indirectly, engaged in, facilitated, or 
having been responsible for the exportation of workers from North 
Korea in a manner intended to generate significant revenue, directly 
or indirectly, for use by the Government of North Korea or by the 
Worker's Party of Korea.
[GRAPHIC] [TIFF OMITTED] TN21JA20.000

    Designated pursuant to section 2(a)(vii) of E.O. 13722, for 
having materially assisted, sponsored, or provided financial, 
material, or technological support for, or goods and services to or 
in support of KOREA NAMGANG TRADING CORPORATION, an entity whose 
property and interests in property are blocked pursuant to E.O. 
13722.
    Also designated pursuant Section 104(b)(1)(A) of NKSPEA, as 
amended, knowingly engaging in, contributing to, assisting, 
sponsoring, or providing financial, material or technological 
support for, or goods and services in support of, KOREA NAMGANG 
TRADING CORPORATION, an entity whose property and interests in 
property are blocked pursuant to E.O. 13722 and NKSPEA, as amended.
    Also designated pursuant to section 2(a)(vii) of E.O. 13722, for 
having materially assisted, sponsored, or provided financial, 
material, or technological support for, or goods and services to or 
in support of NAMGANG CONSTRUCTION, an entity whose property and 
interests in property are blocked pursuant to E.O. 13722.

    Dated: January 14, 2020.
Andrea M. Gacki,
Director, Office of Foreign Assets Control.
[FR Doc. 2020-00771 Filed 1-17-20; 8:45 am]
BILLING CODE 4810-AL-P