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Exports to Nokor restricted

The Department of Trade and Industry Department will ask all companies planning to export and those already shipping to North Korea to undergo an accreditation process.

“We follow the US policy that there should be a list of products allowed entry into North Korea,” said Trade Secretary Ramon Lopez over the weekend.

The accreditation and approval system will make sure companies are complying with the protocol to export products that are allowed in accordance with the US policy.

With only a handful of products exported to North Korea, the Philippines exports food as per United Nations advisory.

Lopez said food exports to North Korea would continue unless a total ban is agreed upon by the US, the UN and other concerned parties.

The Philippine exports agricultural products, food and garments to Korea.

The UN imposed trade restrictions on North Korea, the ninth since 2006, after the north Asian country conducted nuclear and atomic missile tests.

Topics: Department of Trade and Industry , Exports , Nokor , North Korea
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