On 13 November 2015, OFAC added four individuals and one entity to its SDN list under its North Korea sanctions regime, on the ground that they have assisted the North Korean government’s attempts to skirt US and UN sanctions. All have ties to the Korea Mining Development Trading Corporation (KOMID), which was previously blocked on 2 January 2015.
Kim Sok Chol, the North Korean Ambassador to Burma (Myanmar), was among those designated. OFAC alleges that Kim is paid by KOMID to facilitate meetings with persons connected to the Burmese military. Kim Kwang Hyok, a KOMID official in Burma, and Ri Chong Chol, a KOMID official in North Korea, also were designated. These steps represent a continuation of OFAC’s efforts to undermine ties between North Korea and the Burmese military. Another individual, Egypt-based Hwang Su Man, and his Egypt-based company EKO Development and Investment Company also were designated for marketing North Korean-origin weapons systems for KOMID and the North Korean government.