US Korea Institute

Saturday October 1st 2016
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Posts Tagged ‘sanctions’

North Korea’s Military Partnerships Under Threat?

North Korea’s Military Partnerships Under Threat?

The latest UN sanctions on the Democratic People’s Republic of Korea (DPRK) have locked the two Koreas in a war for influence on far-flung battlegrounds, from the Middle East to Africa to Latin America. Seoul, however, could inadvertently minimize any future gains in the fight without careful reflection on its results to date. South Korean [...]

The 2016 UN Panel of Experts Report: An Eye-Opening Account of Persistent Blindness 

The 2016 UN Panel of Experts Report: An Eye-Opening Account of Persistent Blindness 

The UN Panel of Experts Established Pursuant to Resolution 1874 has been monitoring and reporting on violations of the North Korea sanctions regime since 2009, providing North Korea specialists with rare and valuable insight into the country’s illicit activities and sanctions evasion practices. The Panel’s reports have become more detailed [...]

The 2016 North Korean Budget Report: 12 Observations

The 2016 North Korean Budget Report: 12 Observations

On March 30, 2016, the 9th plenary meeting of the 13th Presidium of the Supreme People’s Assembly (SPA) of the DPRK convened at the Mansudae Assembly Hall in Pyongyang. Such meetings are routine events taking place annually in the spring. A senior official, usually the Prime Minister or the Minister of Finance, reports on the state budget for [...]

Hiding in Plain Sight: Cowboys, Conmen and North Korea’s $6 Trillion Natural Resource Prize

Hiding in Plain Sight: Cowboys, Conmen and North Korea’s $6 Trillion Natural Resource Prize

EXECUTIVE SUMMARY Kevin Leech became a billionaire through a series of investments in pharmaceutical and technology companies after selling his family’s 38 funeral parlors across England. After losing everything when his company, an internet incubator named Ci4net.com collapsed, Leech emerged from bankruptcy in 2005 and engineered a series of [...]

The Art of Sanctions: Can North Korea Navigate Expanded Measures?

The Art of Sanctions: Can North Korea Navigate Expanded Measures?

Over the coming months, North Korean diplomats and businesspeople will work with their counterparts abroad to test and solve problems caused by the new constraints of UN Security Council Resolution (UNSCR) 2270 and a recently enacted US sanctions law. Moving money and goods to and from the DPRK will become more difficult, but it will certainly not [...]

UNSCR 2270: The Good, the Bad and the Perhaps Surprising Opportunity for the North Korean Economy

UNSCR 2270: The Good, the Bad and the Perhaps Surprising Opportunity for the North Korean Economy

The new sanctions established on March 2, by UN Security Council Resolution (UNSCR) 2270 bring to mind the hardships that North Korea endured after the collapse of the Soviet Union. The economic disruption from the end of the Cold War led to a contraction of production in the DPRK and hobbled its Public Distribution System (PDS), contributing [...]

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Credit for photo of young North Korean girl: T.M. All rights reserved, used with permission.