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Eko Development And Investment Company

On the SDN listEntityDPRK2

Eko Development And Investment Company (entity) is on the Specially Designated Nationals (SDN) list of the U.S. Treasury Office of Foreign Assets Control (OFAC). Program: DPRK2. Addresses on file in: Egypt. Its property under U.S. jurisdiction is blocked and U.S. persons are generally prohibited from dealing with it.

Egypt has 14 entities, vessels or aircraft with an address on the SDN list. Other sanctioned entities with an address in Cairo are listed below.

Sanctions program

North Korea DPRK2

Sanctions against North Korea based on several executive orders and laws, over its nuclear and missile programs. They cover its government, party, banks and those who trade with them or employ its workers abroad.

Also known as

  • EKO IMPORT AND EXPORT COMPANY · aka
  • EKO DEVELOPMENT & INVESTMENT FOOD COMPANY · aka

Addresses on file

  • 35 St. Abd al-Aziz al-Sud, al-Manial, Cairo, Egypt

OFAC remarks

Secondary sanctions risk: North Korea Sanctions Regulations, sections 510.201 and 510.210; Transactions Prohibited For Persons Owned or Controlled By U.S. Financial Institutions: North Korea Sanctions Regulations section 510.214.

Other sanctioned entities in Cairo

Sharing a city does not imply any link between these entities.

Frequently asked questions

What does it mean that Eko Development And Investment Company is on the SDN list?

It means that its property and interests in property under U.S. jurisdiction are blocked and U.S. persons are generally prohibited from dealing with this entity. Entities it owns 50% or more of, directly or indirectly, are also considered blocked.

Can a non-U.S. company do business with Eko Development And Investment Company?

OFAC sanctions bind U.S. persons and companies, as well as transactions that pass through the U.S. financial system (for example, U.S. dollar payments). Some programs, such as those for Russia and Iran, include secondary sanctions on non-U.S. persons. Seek advice before transacting.

How does an entity get removed from the SDN list?

A sanctioned party can petition OFAC for removal by showing a change in circumstances. OFAC publishes removals on its website; DataCloud USA updates the list daily and marks the profiles of delisted parties.

More context: how to check if a company is debarred or sanctioned.