Tag: sanctions

North Korea Demands that the US Drop Sanctions for Little to Nothing in Return

I hope no one is surprised by this because the North Koreans have never really committed to giving up their nuclear weapons before or even after the dropping of sanctions:

North Korea has warned it could revive a state policy aimed at strengthening its nuclear arsenal if the United States does not lift economic sanctions against the country.

The statement released by the Foreign Ministry on Friday evening said North Korea could bring back its “pyongjin” policy of simultaneously advancing its nuclear force and economic development if the United States doesn’t change its stance. The North sopped short of threatening to abandon ongoing nuclear negotiations with Washington.

Still, it accused Washington of derailing commitments made by North Korean leader Kim Jong Un and President Donald Trump at their June summit in Singapore to work toward a nuclear-free Korean Peninsula. It was the first time the North said it could potentially resume weapons tests and other development activities since Kim signaled a new state policy in April.  (………..)

“The U.S. thinks that its oft-repeated ‘sanctions and pressure’ leads to ‘denuclearization.’ We cannot help laughing at such a foolish idea,” it said. The ministry described the lifting of U.S.-led sanctions as corresponding action to the North’s “proactive and good-will measures,” apparently referring to its unilateral suspension of nuclear and intercontinental ballistic missile tests and closure of a nuclear testing ground.  [Stars & Stripes]

You can read more at the link.

President Moon’s Special Advisor Advocates for Dropping Sanctions Before North Korean Denuclearization

This shouldn’t come as a surprise to any following the denuclearization negotiations that Moon Chung-in wants the US to drop sanctions for little or nothing in return from North Korea:

Moon Chung-in, a special presidential adviser for unification, diplomacy and national security affairs, speaks during an interview with The Korea Times at his office in Seoul last week. / Korea Times photo by Shim Hyun-chul

Washington remains largely skeptical of the North Korean leader’s intention to denuclearize.

Amid these circumstances, a special adviser to the President stated a paradigm shift may be necessary.

“The U.S. views North Korea in the frame of crime and punishment ―- this is its social construct of reality that North Korea cheats and lies,” Moon Chung-in, a special presidential adviser for unification, diplomacy and national security affairs, told The Korea Times in an interview at his office last week.

“But if it only looks at Pyongyang through this frame there is no way out. There needs to be a more pragmatic, flexible approach to North Korea.”

Stalled talks

Moon attributes the stall in denuclearization talks between North Korea and the U.S. to differences surrounding when to lift sanctions.

“Basically the stance of the U.S. is that sanctions will be lifted when North Korea achieves complete denuclearization, which North Korea cannot accept,” he said.

He pointed out that while Pyongyang initially called only for a declaration ending the war, it is now stating this is not enough because Kim offered to permanently dismantle the Yongbyon nuclear facility in his third summit with Moon held in Pyongyang. The U.S., meanwhile, wants North Korea to disclose its nuclear arsenal and submit to inspections, the adviser said.

However, Pyongyang would be unwilling to report its entire nuclear inventory for two reasons, he said.

“First, why would North Korea hand over a list of its inventory while relations with the U.S. are still hostile? This would leave the regime defenseless,” Moon said.

The other reason is based on the inherent nature of declaring inventory.

“The U.S. states that North Korea has 60 to 65 nuclear warheads, but if it has less than this amount, the U.S. will never believe it even if Pyongyang makes a declaration. Washington will continue to call for additional reports and the process will fall through. This will leave North Korea in a worse situation than before making the report.”

This is why Pyongyang is calling for a trust relationship to be built first, he said.

“The North is seeking a non-aggression relationship through the declaration ending the war, and for the U.S. to take corresponding measures for the shutting down of the Yongbyon facility in a verifiable way ―- such as lifting sanctions,” he said.  [Korea Times]

You can read more at the link, but Moon Chung-in is the ROK administration’s trial balloon specialist to judge American reaction to proposed ideas.  In the past year Moon Chung-in has stated his opposition to the THAAD battery in South Korea and has hinted at ending the US-ROK alliance.  He has even said the US US should recognize North Korea as a nuclear power which is a curious position since he says North Korea is planning to supposedly denuclearize.

Rumor of US Sanctions on Korean Bank Causes Financial Stocks to Drop

It will be interesting to see if the claim of upcoming sanctions is true or not.  I always figured that the Trump administration would wait until after the mid-term elections before taking any tough actions on the Korea front. This rumor may be a warning to the Moon administration that the US is ready to take action if Korea tries to do any banking deals with North Korea:

US Treasury Department

A rumor that the United States Treasury is considering including a Korean bank in a secondary boycott in early November has pushed down the shares of major financial institutes, although the country’s financial regulator and banks deny the claim.

A rumor surfaced early this week through Kakao Talk and other internet messengers that the U.S. Treasury Department will announce sanctions against a South Korean bank for illegally trading with North Korea before Nov. 6. While not specifying the bank, the rumor said that the bank was notified on Oct. 12.

The Financial Services Commission (FSC) refuted the claim on Wednesday, calling it a groundless rumor. Local banks echoed the denial.

“The rumor that the U.S. is pushing forward with a secondary boycott is not true as we confirmed with local banks,” said the regulator in a statement.

The measure was designed to punish third-party companies that engage in illicit trade with Pyongyang.  [Joong Ang Ilbo]

You can read more at the link, but South Korean bankers have recently publicly said they will not do any business with North Korea until the sanctions are dropped.

French President Does Not Agree with President Moon’s View On Dropping Sanctions

It looks like President Moon’s attempt to lobby European governments to drop North Korean sanctions is not working:

French President Emmanuel Macron

President Moon Jae-in has told French President Emmanuel Macron that North Korea’s denuclearization needs to be stimulated further by easing UN sanctions if the North’s measures to scrap its nuclear program are believed to have reached an irreversible level.

But North Korea has not remotely reached a point where denuclearization is irreversible. It has not even started. North Korean leader Kim Jong-un flatly refused to give the U.S. even a partial inventory of its nuclear facilities and stockpiles when visiting U.S. Secretary of State Mike Pompeo pleaded with him, and instead demanded that the U.S. officially declare an end to the Korean War to “build trust.”

The first step to denuclearization must be reporting all nuclear facilities and fissile materials, because how else will anyone know whether North Korea is scrapping anything? This is a no-brainer. Yet the North is vehemently protesting before taking even the first step, claiming that the demand is tantamount to “mafia-like tactics.”

Yet the South Korean president labors under the delusion that North Korea’s denuclearization has progressed significantly. During his summit last month with U.S. President Donald Trump, Moon even said the North’s denuclearization had almost reached an “irreversible” level already. U.S. nuclear experts, by contrast, say Pyongyang’s gestures so far — dismantling a moribund nuclear test site in Punggye-ri and a static missile launch pad it no longer needs — do not qualify as denuclearization at all.

Moon hopes that North Korea’s denuclearization can reach an irreversible level in a few months and is going around the world asking global leaders to stimulate the process by easing sanctions. Macron quite rightly brushed him off, saying sanctions must continue until “concrete denuclearization steps are taken.”  [Chosun Ilbo]

You can read more at the link.

US State Department Says Sanctions on North Korea Need to Be Enforced as South Korea Announces Inter-Korean Railway Project

It seems it will be hard to get the international community to take sanctions on North Korea seriously when South Korea has announced it is connecting a railroad with North Korea:

The United States on Monday called for the full enforcement of United Nations sanctions on North Korea as the two Koreas moved to establish rail and road links across their border.

The two Koreas will hold a ground-breaking ceremony in late November or early December to start the modernization and connection of railways and roads along the eastern and western regions, the sides announced after high-level talks earlier in the day.

The agreement is a follow-up to last month’s third summit between South Korean President Moon Jae-in and North Korean leader Kim Jong-un.

“As President Moon has stated: ‘The improvement of relations between North and South Korea cannot advance separately from resolving North Korea’s nuclear program,'” a spokesperson for the State Department said in response to a Yonhap query.  [Yonhap]

You can read more at the link.