Sec. 113. Imposition of sanctions on russia-north korea cooperation
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/bill/119/hr/6856/ih/section-113A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Not later than 30 days after the date of the enactment of this Act, and every 180 days thereafter, the President shall impose the sanctions described in section 102(e) of this Act with respect to the following: Any foreign person that is responsible for or facilitates the transfer or sale of arms or material support from North Korea to be used in Russia’s illegal war in Ukraine. Any foreign person that knowingly, directly or indirectly, imports, exports, or reexports to, into, or from North Korea any goods services or technology for weapons that may be used by Russian forces or their proxies in Russia’s illegal war in Ukraine.
Any foreign financial institution that knowingly facilitates a significant transaction or provides significant financial services for a foreign person described in paragraph
(1)or (2). Any foreign person that engages in a significant transaction related to the transfer or sale of arms or material support with a foreign person described in paragraph
(1)or
(2)or foreign financial institution described in paragraph (3). Any foreign person assisting in the logistical supply and movement of North Korean personnel, arms or material support to be used in Russia’s illegal war in Ukraine. Not later than 90 days after the date of the enactment of this Act, and every 180 days thereafter, the President shall submit to the appropriate congressional committees a report that describes significant activities by the Democratic People’s Republic of Korea to support the Russian Federation and its proxies in Russia’s illegal war in Ukraine. The report required by this section shall include the following: The number of North Korean troops that have been sent to fight Ukraine, casualties inflicted on these troops, and the impact on the battlefield of having North Korean military personnel on the frontlines. The identity and nationality of foreign persons and foreign financial institutions that are subject to sanctions pursuant to this section. A description of the conduct engaged in by such persons and institutions. An assessment of the extent to which a foreign government has provided material support to the Government of North Korea or any person acting for or on behalf of that government to conduct significant activities to materially support Russia’s illegal war in Ukraine. A United States strategy to counter North Korea’s efforts to conduct significant activities to support Russia’s war in Ukraine, that includes efforts to engage foreign governments to halt the capability of the Government of North Korea and persons acting for or on behalf of that government to conduct significant activities supporting Russia’s illegal war in Ukraine. The report required by this section shall be submitted in unclassified form, but may include a classified annex.