India notifies compliance of UN sanctions against North Korea

India has notified the compliance of the UN resolution imposing sanctions on North Korea which include prevention of direct or indirect supply, sale, transfer or export of all weaponry and related material through its territories or by its nationals to that country.

The notification, which was put out by the external affairs ministry here today, also banned supply, sale or export of other items, materials, equipment, goods and technology, which could contribute to North Korea’s nuclear- related, ballistic missile-related or other weapons of mass destruction-related programmes.

The sale of luxury goods including jewelry, gems, yachts and luxury automobiles like racing cars and except food or medicine, that could directly contribute to the development of North Korea’s operational capabilities of its armed forces is also prohibited.

It also mentions immediate freezing of the funds, other financial assets and economic resources which are on its territories, that are owned or controlled, directly or indirectly, by the persons or entities engaged in or providing support for the DPRK’s nuclear-related, other weapons of mass destruction-related and ballistic missile-related programmes, including through other illicit means.

By: Business Standard

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