UN exempts sanctions on transfer of humanitarian funds to North Korea
(VOVWORLD) - The UN Security Council on Tuesday granted a sanctions exemption to an Italian company for the transfer of funds to support the EU Food Security Office's humanitarian assistance projects in North Korea, its website showed Tuesday.
 A street in Pyongyang, North Korea (Photo: AFP/VNA) |
The company, which is Agriconsulting SA (AESA), plans to spend an estimated 1.18 million USD from March 2019 to February 2022 for the operation of the Food Security Office's Pyongyang branch, including personnel expenses.
South Korea is pushing its plan to send 50,000 tons of rice to North Korea through the World Food Program (WFP) to help with North Korean food shortages. South Korean officials are discussing with WFP representatives on how to avoid sanctions during the delivery.