Ethiopia is currently working to restrict the number of bank accounts in use by the North Korean Embassy in Addis Ababa and its affiliated personnel, according to the country’s implementation report of UN Security Council (UNSC) sanctions under Resolution 2321. Resolution 2321 instructs member states to limit the number of accounts held at banks in their territory to one per DPRK diplomatic mission and one per properly accredited North Korean diplomat and consular officer. North Korea has also helped set up two arms factories in Ethiopia, one near Ambo and the other near Debre Zeyit. Ethiopian Airlines was also involved in transporting a shipment of North Korea arms seized by South African authorities in 2009, which included five tonnes of equipment including tanks and armored engines. The NK Pro Trade Map shows North Korean exports to Ethiopia in 2016 amounted to over USD$5.7 million with imports in the same year amounting to over USD$6.3 million, though North Korean trade can often be confused with its southern neighbor by countries with lax reporting practices.
Source: Ethiopian News August 03, 2017 11:06 UTC