Council Decision (CFSP) 2018/715

of 14 May 2018

amending Decision (CFSP) 2016/849 concerning restrictive measures against the Democratic People's Republic of Korea

THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty on European Union, and in particular Article 29 thereof,

Having regard to the proposal from the High Representative of the Union for Foreign Affairs and Security Policy,

Whereas:

(1)
On 22 April 2013, the Council adopted Decision 2013/183/CFSP1 concerning restrictive measures against the Democratic People's Republic of Korea (‘DPRK’).
(2)
On 2 July 2015, the Council adopted Decision (CFSP) 2015/10662, which added the Korean National Insurance Company (‘KNIC’) GmbH and six persons acting on its behalf or at its direction to Annex II to Decision 2013/183/CFSP. On 31 March 2016, the Council adopted Decision (CFSP) 2016/4753, which added KNIC to Annex II to Decision 2013/183/CFSP and deleted the entry concerning KNIC GmbH. Decision (CFSP) 2016/475 also amended the entries of the six persons acting on behalf of KNIC or at its direction.
(3)
On 27 May 2016, the Council adopted Decision (CFSP) 2016/8494 concerning restrictive measures against the Democratic People's Republic of Korea and repealing Decision 2013/183/CFSP.
(4)

On 5 August 2017, the United Nations Security Council adopted Resolution 2371 (2017), which provided for new measures against the DPRK, including the designation of KNIC.

(5)
On 10 August 2017, the Council adopted Implementing Decision (CFSP) 2017/14595, which added KNIC to Annex I to Decision (CFSP) 2016/849, and on 24 August 2017, the Council adopted Decision (CFSP) 2017/15046, which removed KNIC from Annex II to Decision (CFSP) 2016/849.
(6)

The entries for the persons acting on behalf of or at the direction of KNIC should therefore be moved to Annex III of Decision (CFSP) 2016/849 and removed from Annex II thereto.

(7)

Annex III and Annex II to Decision (CFSP) 2016/849 should therefore be amended accordingly,

HAS ADOPTED THIS DECISION: