OFAC Sanctions Two Entities Involved in Forced Labor
The Office of Foreign Assets Control sanctioned two entities involved in the “exportation of forced labor” from North Korea, according to a Nov. 19 press release. The designations target Mokran LLC, a Russian construction company, and Korea Cholsan General Trading Corporation, a North Korean company operating in Russia, for exporting forced labor to generate revenue for the North Korean government, OFAC said.
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OFAC also updated identifying information for existing sanctions entries for Korea Rungrado General Trading Corporation, Korea General Corporation for External Construction and Yanbian Silverstar Network Technology Co., Ltd. The agency said each entity is also involved in exporting forced labor from North Korea.