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We will be moving all OFAC content to a brand new website. OFAC's Sanctions List Search and sanctions list data will remain at the current URLs.

Frequently Asked Questions

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

Answer

No. Unless authorized pursuant to a general or specific license from OFAC and/or BIS, Executive Order (E.O.) 13722 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.

Date Released
March 1, 2018