United Nation’s Security Council has decided to freeze the assets of 3 North Korean companies and consequently ban them from global trade because of their involvement in exporting, procuring and financing nuclear-related weapons.

UN’s sanctions committee has named the 3 blacklisted firms as Korea Heungjin Trading Company, Amroggang Development Banking Corporation and Green Pine Conglomerate.

Amroggang is a financing company involved in ballistic missile sales and is related to Tanchon Commercial Bank, which was blacklisted in 2009 for its participation in selling of arms. Green Pine is the firm which took over most of the activities of the Korea Mining Development Trading Corporation, North Korea’s primary arms dealer that was blacklisted in 2009. It manufactures military maritime crafts, missile systems, torpedoes and also provides technical assistance to defense firms. Meanwhile, Korea Heungjin Trading Company was utilized to manufacture equipment with missile design applications and had been used for trading by the Korea Mining Development Trading Corporation.