The purpose of this text is to propose new sanctions toward North Korea, without sanctioning the North Korean civilian society, which is not responsible for the hazardous policy of Kim Jong-un and affiliated organizations. Advertisements
Economic sanctions against North Korea face definitely limitations to dissuade the nation from further development of its nuclear program. In spite of sanctions, North Korean authorities continue to lead its aggressive policy.
The Office of Foreign Assets Control (OFAC) has amended General License 1 pursuant to E.O. 13722 of March 15, 2016, “Blocking Property of the Government of North Korea and the Workers’ Party of Korea, and Prohibiting Certain Transactions With Respect to North Korea.”
The US are regularly applying new sanctions towards the leaders of North Korea. Recently the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated top officials of the North Korean regime, including North Korean leader Kim Jong Un, ten other individuals, and five entities, for their ties to North Korea’s notorious abuses… Read More The good and the bad leadership of North Korea