The Democratic People’s Republic of Korea (Sanctions) (Overseas Territories) (Amendment) (No. 2) Order 2017

EXPLANATORY NOTE

(This note is not part of the Order)

This Order amends the Democratic People’s Republic of Korea (Sanctions) (Overseas Territories) Order 2012 (S.I. 2012/3066) (as amended) and gives effect in specified Overseas Territories to sanctions imposed on the Democratic People’s Republic of Korea by the European Union in Council Decision (CFSP) 2017/666 of 6 April 2017 (amending Council Decision 2016/849/CFSP) and Council Regulation 2017/658 of 6 April 2017 (amending Council Regulation (EC) No 329/2007). These sanctions include restrictions on establishing a joint venture with or the taking of an ownership interest in persons engaged in activities in the sectors of conventional arms, metallurgy, metalworking and aerospace; and restrictions on the provision of services incidental to mining or manufacturing in the chemical, mining and refining industry, or computer and related services.