Foreign Policy

How North Korea evades UN sanctions

The United Nations recently passed its strongest sanctions yet against North Korea following its sixth nuclear test. But critics have expressed doubts as to whether the sanctions would stop Pyongyang from developing nuclear weapons and if the measures would be effectively enforced.

The US government and a UN experts panel have published reports on how North Korea evades sanctions to earn the hard currency it needs.

Here are eight of the methods used:

You've reached your daily free article limit.

Subscribe and support our veteran writing staff to continue reading.

Get Full Ad-Free Access For Just $0.50/Week

Enjoy unlimited digital access to our Military Culture, Defense, and Foreign Policy coverage content and support a veteran owned business. Already a subscriber?

The United Nations recently passed its strongest sanctions yet against North Korea following its sixth nuclear test. But critics have expressed doubts as to whether the sanctions would stop Pyongyang from developing nuclear weapons and if the measures would be effectively enforced.

The US government and a UN experts panel have published reports on how North Korea evades sanctions to earn the hard currency it needs.

Here are eight of the methods used:

1. Swapping goods

North Korea directly exchanges its coal and other minerals for the goods it needs, such as weapons components and even luxury items. This avoids the risk of money transfers being traced.

A resolution passed by the UN Security Council last November set a cap on North Korea’s coal exports, which generate a significant share of the country’s revenue.

 

Read the whole story from South China Morning Post.

About SOFREP News Team View All Posts

The SOFREP News Team is a collective of professional military journalists. Brandon Tyler Webb is the SOFREP News Team's Editor-in-Chief. Guy D. McCardle is the SOFREP News Team's Managing Editor. Brandon and Guy both manage the SOFREP News Team.

COMMENTS

You must become a subscriber or login to view or post comments on this article.

More from SOFREP

REAL EXPERTS.
REAL NEWS.

Join SOFREP for insider access and analysis.

TRY 14 DAYS FREE

Already a subscriber? Log In