KOMId

AcronymDefinition
KOMIdKorean Mining and Industrial Development Corp.
References in periodicals archive ?
"A Member State indicated that since February 2017, cooperation with the Democratic People's Republic of Korea has continued, noting that "NPN Electronics Company" sent technicians to Sudan in September 2016 and that two KOMID operatives deported from Egypt in April 2016, Kim Song Chol and Son Jong Hyok, are the centre of the new connection between Sudan and the Democratic People's Republic of Korea," reads the report.
Komid, the exchange, is spelled out as Korea Coin Market and Investment Development.
In March 2016 the council also blacklisted two KOMID representatives in Syria.
The US Treasury expalins KOMID as "North Korea's primary arms dealer and main proliferation channel" for goods and devices pertinent to ballistic missiles and conventional weapons.
Jang Song Chol, a KOMID representative in Russia working to obtain weapons materials from individuals in Sudan
For its part, the Treasury indicated that today's designations of FTB and a senior member of the North Korean government also follow actions taken March 7 by the Treasury Department against China-based representatives of the Korea Mining Development Corporation (KOMID) and Tanchon Commercial Bank (TCB).
A British source said: "Komid has offices in many countries and is not trading legitimately - it is breaking all the rules as far as weapons trading is concerned.
"The consignees were Syrian entities designated by the European Union and the United States as front companies for Syria's Scientific Studies and Research Centre (SSRC), a Syrian entity identified by the Panel as cooperating with KOMID in previous prohibited item transfers," the UN experts wrote.
13382 for acting for or on behalf of KOMID. Kim Song Chol and Son Jong Hyok are KOMID officials located in Egypt and have conducted business in Sudan on behalf of KOMID's interests.
has "long had concerns about this entity KOMID (Korean Mining and Development Corporation) as North Korea's premier arms dealer and its main exporter of goods and equipment related to ballistic missiles and conventional weapons that are designated under UN Security Council Resolution 1718".
Sales are reportedly conducted through state-owned entities such as the Changgwang Sinyong Corporation, which also operates under the name KOMID, or the Korean Mining and Industrial Development Corporation, as well as a host of other names.
The United Nations also identifies Hong Kong Electronics, an entity located in Iran, which, the U.N, Sanctions Committee describes as "owned or controlled by, or acts or purports to act for on behalf of Tanchon Commercial Bank and KOMID (Korea Mining [and] Development Corporation).
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