What is the official ID of this bill?
The official print number for this legislation is HR 2622.
US Sanctions Against North Korea Support for Russia's War in Ukraine.
This Act mandates strict financial and visa sanctions against foreign individuals and institutions that facilitate the transfer of arms and material support from North Korea to Russia for use in the war in Ukraine. The goal is to disrupt the logistics and financing of this illegal arms trade, reinforcing US foreign policy and international security efforts. While US citizens are not directly impacted, the law strengthens the government's tools to counter global conflicts.
Key points
Asset Freeze: Foreign persons and entities involved in transferring North Korean arms to Russia will have their property and assets in the US blocked.
Travel Ban: Individuals subject to these sanctions will be denied entry to the United States, and any existing visas will be immediately revoked.
Financial Penalties: Foreign financial institutions knowingly processing significant transactions for sanctioned entities will also face penalties.
Humanitarian Exception: Recognized international humanitarian aid organizations are explicitly exempt from these sanctions.
Status:
Introduced
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