Koreas – U.N. panel lists 5 N. Koreans, 5 more entities as subject to sanctions

U.N. panel lists 5 N. Koreans, 5 more entities as subject to sanctions A U.N. sanctions committee Thursday effectively struck a deal over additional punitive steps on Pyongyang for its nuclear test in May, including a travel ban on five North Koreans and asset freezes on five more entities, U.N. diplomatic sources said. The Security Council committee worked out a list of entities and individuals subject to new U.N. sanctions in line with the council’s Resolution 1874, adopted on June 12 fo

Pyongyang turns back the clock

Author: Leonid Petrov, ANU On the heels of the recent UN Security Council Resolution, which pursued tough new sanctions against the Democratic People’s Republic of Korea (DPRK) for blasting a long-range missile and detonating a second atomic bomb, North Korea has moved aggressively against the last remaining zone of inter-Korean economic cooperation, the Gaesong Industrial Complex (GIP). On June 11, the North Korean Central News Agency (KCNA) announced the nullification of all contracts on r