New insight from North Korea analysis program 38 North suggests that the sanctions may be working to decrease military activity within the regime.
The latest set of U. S. sanctions instated last week on North Korea aimed to curb that country’s production of nuclear weaponry. It identified nine entities, 16 individuals, and six vessels that were engaging in activity defying the United Nations Security Council Resolutions and enabling the North Korean economy as it produces weapons of mass destruction.
New insight from North Korea analysis program 38 North suggests that the sanctions may be working to decrease military activity within the regime.
“Treasury continues to systematically target individuals and entities financing the Kim regime and its weapons programs, including officials complicit in North Korea sanctions evasion schemes,” said Secretary of the Treasury Steven Mnuchin in a press release . “Pursuant to UN Security Council Resolutions, the U. S. government is targeting illicit actors in China, Russia, and elsewhere who are working on behalf of North Korean financial networks and calling for their expulsion from the territories where they reside. We are sanctioning additional oil, shipping, and trading companies that continue to provide a lifeline to North Korea to fuel this regime’s nuclear ambitions and destabilizing activities,” he continued.
