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Sanctioning Entities Connected to Russia-DPRK Arms Dealer

Treaties & Trade

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The following press statement was published by the U.S. Department of State, Bureau of Economic and Business Affairs on Aug. 16. It is reproduced in full below.

Today, the United States is imposing sanctions on three entities connected to a U.S.-sanctioned arms dealer who has attempted to facilitate arms deals between the Democratic People’s Republic of Korea (DPRK) and the Russian Federation for Russia’s use in its brutal war against Ukraine.

Earlier this year, the United States designated Slovakian national Ashot Mkrtychev for attempting to facilitate arms deals between the DPRK and Russia. Mkrtychev is the President of Versor S.R.O., the founder and owner of Limited Liability Company Verus, and the sole director of Defense Engineering Limited Liability Partnership. These three entities are being designated today.

Today’s action underscores our commitment to identify, expose, and impose severe costs on third-country actors who support Russia’s illegal war against Ukraine. We will also continue to take actions against those attempting to evade our sanctions.

Treasury designated the above-mentioned entities pursuant to Executive Order (E.O.) 13551 for being owned or controlled by or having acted or purported to act on behalf of, directly or indirectly, Mkrtychev, an individual blocked pursuant to E.O. 13551. For more information on today’s designation, please see Treasury’s press release.

Source: U.S. Department of State, Bureau of Economic and Business Affairs

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