Korea Daizin Trading Corp.

Active exclusionSpecial Entity Designation

Korea Daizin Trading Corp. has an active exclusion in the System for Award Management (SAM.gov), entered by the OFAC effective Dec 8, 2020. Type: Prohibition/Restriction. While active, the party cannot receive new federal contracts, subcontracts or grants unless an agency grants a compelling-reason exception.

A prohibition or restriction comes from a statute or court decision that bars the party from receiving certain federal contracts or funds.

UEI: CF2CVAZUBFN6
Physical address: HU NGBU-DONG MORANBONG DISTRICT, PYONGYANG
Exclusion type: Prohibition/Restriction
Program: Reciprocal
Excluding agency: OFAC
Active since: Dec 8, 2020
Termination: Indefinite
Cross-reference: (also 126 ECONOMIC EXCHANGE COMPANY, TAEJIN TRADING GENERAL COMPANY, TAEJIN TRADING COMPANY, DAEJIN TRADING GENERAL CORPORATION, TAECHIN TRADING CORPORATION, KOREA TAIJIN TRADE CORPORATION, KOREA TAEJIN TRADING, TAEJIN TRADING CORPORATION, KOREA TAEJIN TRADING CORPORATION, KOREA DAIZIN TRADING CORPORATION, 126 ECONOMIC EXCHANGE COMPANY, TAEJIN TRADING GENERAL COMPANY, TAEJIN TRADING COMPANY, DAEJIN TRADING GENERAL CORPORATION, TAECHIN TRADING CORPORATION, KOREA TAIJIN TRADE CORPORATION, KOREA TAEJIN TRADING, TAEJIN TRADING CORPORATION, KOREA TAEJIN TRADING CORPORATION, KOREA DAIZIN TRADING CORPORATION)

Agency comments

Redacted for Security Reasons

Frequently asked questions

Can Korea Daizin Trading Corp. keep performing its current contracts?

Generally, an exclusion bars new awards but does not automatically cancel existing contracts: the agency decides whether to continue them. They cannot be extended or renewed without approval.

Can an excluded company be used as a subcontractor?

Prime contractors should not subcontract to excluded parties above certain thresholds without notifying and justifying it to the agency. That is why SAM.gov should be checked before choosing partners.

Where is the exclusion status confirmed?

In the SAM.gov exclusions search, the official source. DataCloud USA updates it daily.