Saeng Pil Trading Corporation

Saeng Pil Trading Corporation was identified as an alias of the long sanctioned Green Pine Associated Corporation.
It is listed as Saengp’il Company by the Treasury’s Office of Foreign Assets Control (OFAC).

  • Green Pine Associated Corporation (“Green Pine”) has taken over many of the activities of the Korea Mining Development Trading Corporation (KOMID). KOMID was designated by the Committee in April 2009 and is the DPRK’s primary arms dealer and main exporter of goods and equipment related to ballistic missiles and conventional weapons.
  • Green Pine is also responsible for approximately half of the arms and related materiel exported by the DPRK. Green Pine has been identified for sanctions for exporting arms or related material from North Korea.
  • Green Pine specializes in the production of maritime military craft and armaments, such as submarines, military boats and missile systems, and has exported torpedoes and technical assistance to Iranian defense – related firms.

List of known aliaces of Green Pine Associated Corporation:

  • CHO’NGSONG UNITED TRADING COMPANY
  • CHON GSONG YONHAP
  • CH’O’NGSONG YO’NHAP
  • CHOSUN CHAWO’N KAEBAL T’UJA HOESA
  • JINDALLAE
  • KU’MHAERYONG COMPANY LTD.
  • NATURAL RESOURCES DEVELOPMENT AND INVESTMENT CORPORATION
  • SAEINGP’IL COMPANY
  • National Resources Development and Investment Corporation
  • Saeng Pil Trading Corporation

Known addressees:

  1. c/o Reconnaissance General Bureau Headquarters, Hyongjesan – Guyok, Pyongyang, Democratic People’s Republic of Korea
  2. Nungrado, Pyongyang, Democratic People’s Republic of Korea
  3. Rakrang No. 1 Rakr ang District Pyongyang Korea, Chilgol – 1 dong, Mangyongdae District, Pyongyang, Democratic People’s Republic of Korea

Sources:

  1. https://www.namfisa.com.na/wp-content/uploads/2017/06/Summary-of-the-update-1718-05-June-2017.pdf

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