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Russia-North Korea Cooperation Sanctions Act
1/4/2025, 11:17 AM
Summary of Bill HR 5532
Bill 118 hr 5532, also known as the Russia-North Korea Cooperation Sanctions Act, is a piece of legislation introduced in the US Congress. The main purpose of this bill is to impose sanctions on any individuals or entities that engage in cooperation with North Korea, particularly if that cooperation involves Russia.
The bill aims to target any financial transactions, trade agreements, or other forms of cooperation that could potentially benefit North Korea and its nuclear weapons program. By imposing sanctions on those involved in such activities, the United States hopes to put pressure on both Russia and North Korea to cease their cooperation and comply with international efforts to denuclearize the Korean Peninsula.
If passed, this bill would give the US government the authority to impose a range of sanctions, including freezing assets, restricting travel, and prohibiting financial transactions, on individuals and entities found to be in violation of the sanctions. The bill also calls for regular reporting to Congress on the implementation of the sanctions and their effectiveness in deterring cooperation between Russia and North Korea. Overall, the Russia-North Korea Cooperation Sanctions Act is a targeted piece of legislation aimed at addressing the ongoing threat posed by North Korea's nuclear weapons program and the potential role that Russia may play in supporting it. By imposing sanctions on those involved in such cooperation, the United States hopes to further isolate North Korea and encourage both countries to comply with international efforts to achieve denuclearization.
The bill aims to target any financial transactions, trade agreements, or other forms of cooperation that could potentially benefit North Korea and its nuclear weapons program. By imposing sanctions on those involved in such activities, the United States hopes to put pressure on both Russia and North Korea to cease their cooperation and comply with international efforts to denuclearize the Korean Peninsula.
If passed, this bill would give the US government the authority to impose a range of sanctions, including freezing assets, restricting travel, and prohibiting financial transactions, on individuals and entities found to be in violation of the sanctions. The bill also calls for regular reporting to Congress on the implementation of the sanctions and their effectiveness in deterring cooperation between Russia and North Korea. Overall, the Russia-North Korea Cooperation Sanctions Act is a targeted piece of legislation aimed at addressing the ongoing threat posed by North Korea's nuclear weapons program and the potential role that Russia may play in supporting it. By imposing sanctions on those involved in such cooperation, the United States hopes to further isolate North Korea and encourage both countries to comply with international efforts to achieve denuclearization.
Read the Full Bill
Current Status of Bill HR 5532
Bill HR 5532 is currently in the status of Bill Introduced since September 18, 2023. Bill HR 5532 was introduced during Congress 118 and was introduced to the House on September 18, 2023. Bill HR 5532's most recent activity was Referred to the Subcommittee on Trade. as of December 17, 2024
Bipartisan Support of Bill HR 5532
Total Number of Sponsors
3Democrat Sponsors
3Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
9Democrat Cosponsors
5Republican Cosponsors
4Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 5532
Primary Policy Focus
International AffairsAlternate Title(s) of Bill HR 5532
Russia-North Korea Cooperation Sanctions Act
Russia-North Korea Cooperation Sanctions Act
To provide for the imposition of sanctions with respect to North Korea's support for Russia's illegal war in Ukraine.
Comments
Sponsors and Cosponsors of HR 5532
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