Korea Mining Development Trading Corporation (KOMID)

Transferred missile technology to Iran, including to Shahid Hemmat Industrial Group (SHIG) and Aerospace Industries Organization

Status:Top Alert – Entity designated / sanctioned for terror, WMD and human rights violation

Risk Level:99%

May harm your business future. Persons or entities that engage in transactions with this entity will be exposed to sanctions or subject to an enforcement action.

Working with this entity means supporting Iranian Regime, Regime Terrorist Activities & development of WMD

North Korea’s primary exporter of ballistic missile-related equipment and conventional weapons;

Owned by the North Korean government;

Has transferred missile technology to Iran, including to Shahid Hemmat Industrial Group (SHIG) and Aerospace Industries Organization (AIO);

Prior to 2003, transferred missile-related technology to Pakistan’s Khan Research Laboratories (KRL), reportedly including three to six Nodong missiles;

Prior to 2002, supplied Scud missiles to Yemen; in 1999 and 2000, was involved in negotiations with Iraq to supply it with technology for surface-to-surface missiles with a range of 1300 km, anti-ship missiles with a range of 300 km, and other systems;

Reportedly has assisted Syria in producing weapons, including reverse-engineered versions of the Kornet anti-tank guided missile originally supplied to Syria by Russia;

In 1999, reportedly supplied 12 missile engines to Iran;

Has received assistance in the financing of ballistic missile sales from Tanchon Commercial Bank (TCB);

Also Known As:
Korea Kumryong Trading Corporation
Kapmun Tosong Trade
Korean Mining and Development Corp.
Korea Mining Development Trading Corp.
Changgwang Shinyong Corporation

Involved In:
Missile Weapon Program
Military Weapon Program

North Korea

Botonggang District, Pyongyang, North Korea
Central District, Pyongyang, North Korea

42888, 45882

Person of interests:
Yo’n Cho’ng Nam (chief representative);
Ko Ch’o’l-Chae (deputy chief representative);
Kim Kyu (external affairs officer);
Kil Jong Hun;
Kim Kwang Yon;
Jang Song Chol;
Kim Yong Chol;
Jang Yong Son;
Ryu Jin;
Kang Ryong

Reason for the color:
» Designated by the U.N. Security Council on April 24, 2009 pursuant to resolution 1718 (2006), requiring (with some exceptions) states to freeze immediately funds, financial assets and economic resources on their territories that are owned or controlled, directly or indirectly, by the entity, and to ensure that funds, financial assets and economic resources are prevented from being made available by their nationals or by persons or entities within their territories, to or for the benefit of the entity;
» Sanctioned for a period of two years by the U.S. Department of State on September 24, 2015, pursuant to Executive Order 12938, for engaging in missile technology proliferation activities;
» Added on June 29, 2005 to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), freezing its assets under U.S. jurisdiction and prohibiting transactions with U.S. parties, pursuant to Executive Order 13382, which targets proliferators of weapons of mass destruction (WMD) and their delivery systems;
» Listed by the European Union on May 13, 2009, pursuant to U.N. Security Council Resolution 1718 (2006), applying the restrictions mandated by the United Nations;