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.