- UN reference
- KPe.050
- Sanctions regime
- DPRK (1718 Committee)
- Type
- Entity
- Address
- Yanggakdo International Hotel, RYUS, Pyongyang, Democratic People's Republic of Korea
- Aliases
- Mansudae Art Studio
- Listed on
- 5 August 2017
- Updated by the UN
- 26 July 2022
Other information (UN original text)
Mansudae Overseas Project Group of Companies engaged in, facilitated, or was responsible for the exportation of workers from the DPRK to other nations for construction-related activities including for statues and monuments to generate revenue for the Government of the DPRK or the Workers’ Party of Korea. The Mansudae Overseas Project Group of Companies has been reported to conduct business in countries in Africa and Southeast Asia including Algeria, Angola, Botswana, Benin, Cambodia, Chad, the Democratic Republic of the Congo, Equatorial Guinea, Malaysia, Mozambique, Madagascar, Namibia, Syria, Togo, and Zimbabwe.
If your counterparty matches this record: suspend the transaction, freeze the related funds and assets without delay and report to the competent authorities.