Sanctions Analysis
KOSTI minimizes trade-related risks by providing information on international sanctions.
Information on International Sanctions
Sanctions are restrictions imposed on market players who violate international or domestic regulations. Sanctions are frequently deployed as diplomatic and policy means to induce specific changes in the behavior or policy of the sanctioned target.
Through the International Sanctions Status website, KOSTI comprehensively analyzes and provides guidance on economic sanctions related to exports and imports implemented by international organizations (UN) and major countries such as the United States, EU, United Kingdom, and Japan, supporting the response of the Korean government and companies.
Supporting the government’s response
At the request of related ministries such as MOTIR and MOFA, KOSTI researches sanctions items by countries of concern, export control trends, sanctions-violation cases, and overall domestic and overseas sanctions policies, supporting the government’s response to international sanctions.
Support for Identification of Denial List
Denial List features groups and individuals whose trade transactions are restricted or those that require attention when engaging in trade transactions for the sake of international security and world peace.
KOSTI provides an online search engine that allows users to check whether a specific counterparty is a subject on the Denial List.