Armenia, Moldova and other neighbors of the EU member states have joined the Union’s sanctions against North Korea.

“The European Union takes note of this commitment and welcomes it,” Representative of the Union for Foreign Affairs and Security Policy Catherine Ashton said in a statement.

Croatia, Macedonia, Montenegro, Iceland and Serbia have joined the sanctions against the Democratic People's Republic of Korea (DPRK).

The Decision adopts additional EU autonomous measures prohibiting trade in gold, precious metals and diamonds and the delivery of new DPRK denominated banknotes and coinage to the Central Bank. In addition, the Decision outlaws the sale or purchase of DPRK bonds and the opening of new branches, subsidiaries, or representative offices of DPRK banks in the EU. Furthermore, EU Member States financial institutions are not permitted to open offices and subsidiaries in the DPRK.