OFAC FAQ #460 · North Korea Sanctions

Can U.S. persons do business with entities in North Korea?

OFAC's answer

No. Unless authorized pursuant to a general or specific license from OFAC and/or BIS,[Executive Order (E.O.) 13722](https://ofac.treasury.gov/media/7686/download?inline)prohibits new investment in North Korea by a U.S. person and the exportation or reexportation, from the United States, or by a U.S. person, of any goods, services, or technology to North Korea. E.O. 13810 (“Imposing Additional Sanctions with Respect to North Korea”) does not modify any of those prohibitions.

Related programs

north_korea

Read this FAQ on the OFAC site ↗