US Korea Institute

Friday July 25th 2014
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Posts Tagged ‘sanctions’

A Tale of Two Kaesong Industrial Zones: Not All Foreign Investment is Created Equal

A Tale of Two Kaesong Industrial Zones: Not All Foreign Investment is Created Equal

Promoting foreign direct investment and enhancing commercial engagement is often touted as a potential catalyst for enticing isolated, authoritarian regimes to enact reforms and constructively engage with the international community. Promoting this sort of constructive commercial engagement with North Korea, however, is far easier said than done. [...]

Hello Kitty, Hello Wonsan

Hello Kitty, Hello Wonsan

Wonsan, on the DPRK’s east coast, by all accounts, used to bustle—at least by DPRK standards. If the recent outreach between Japan and North Korea bears fruit, Wonsan could undergo a 21st century revival. Since Japan banned all trade with the DPRK in the wake of the disastrous Kim-Koizumi summit of 2002, Wonsan has been a shell of its [...]

Pyongyang’s New Overtures and Abe’s Diplomacy

Pyongyang’s New Overtures and Abe’s Diplomacy

Recent meetings between Japan and North Korea have prompted concern about whether Prime Minister Abe may be departing from the US and South Korea in its dealings with Pyongyang. Japanese and North Korean officials met on March 30-31, 2014 in Shenyang, China, and again on May 26-28 in Stockholm, Sweden. On May 29, Cabinet Secretary Yoshihide Suga [...]

Loopholes in UN Sanctions against North Korea

Loopholes in UN Sanctions against North Korea

The latest United Nations report on North Korean sanctions has once again highlighted the role of foreign companies in cases of UN sanctions evasion. The March 2014 report by the independent Panel of Experts assigned to monitor sanctions against the DPRK on behalf of the UN noted the widespread involvement of foreign companies. A new SIPRI [...]

Time to Go Beyond Incremental North Korean Sanctions

Time to Go Beyond Incremental North Korean Sanctions

Some popular misperceptions of the North Korean sanctions regime include that it is “the most heavily sanctioned country in the world and nothing more can be imposed.” Responding to indications of an impending fourth North Korean nuclear test, President Obama declared the US would consider “further sanctions that have even more bite.” The [...]

A Tale of Two Peninsulas: How Will the Crimean Crisis Affect Korea?

A Tale of Two Peninsulas: How Will the Crimean Crisis Affect Korea?

The reunification of Crimea with Russia might have unexpectedly turned a page in modern history, ushering the world into a new era of geopolitical competition. There is little doubt that the West is seeking to contain Russia as a re-emerging global player, using this controversial action as a de facto casus belli (hopefully, just a cold variety of [...]

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