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How North Korea handles international sanctions News

Sunday, September 10th, 2017 | Economy

Pyongyang continues to bypass the arms embargo, the financial incentives and the strict punitive measures in other areas. This was the result of a weekend report by UN experts. The more penalties were imposed, the more numerous were the circumvention.
Pyongyang, for example, circumvents the financial sanctions by agents abroad, who would make financial transactions in the name of "national units". In addition, the foreclosed country continues to export "virtually all products affected by the UN resolutions". In the investigation period from February to August of this year, North Korea had spent at least $ 270 million.
Ninety percent of North Korean exports go to China. In the past, Beijing has repeatedly been accused of not being fully compliant with the UN resolutions against North Korea. Recently, however, Beijing repeatedly assured complete compliance.
Despite the "most strict targeted sanctions policy in the history of the United Nations," North Korea had "made significant progress in the field of weapons of mass destruction" during the investigation period, "the UN report said.
North Korea celebrates itself as "invincible Atommacht"
In 2017 Pyongyang was able to carry out 14 rocket tests, two of which were intercontinental rocket tests. The report was completed before the launch of a North Korean missile in mid-August across Japan and the nuclear test in early September.
The largely isolated country had last Sunday made its strongest nuclear test and, according to its own data, a hydrogen bomb, which is to serve as a warhead for its intercontinental missiles.
The United States has requested a vote in the UN Security Council on new sanctions against North Korea on Monday. Among other things, they want to penetrate a crude oil bar and prevent textile exports.
The North Korean leader Kim Jong Un thanked researchers and technicians of his country for the latest nuclear test at the weekend. He had organized a festival for the participants, as the state news agency KCNA reported on Sunday.
There were art performances and a photoshooting with the state chief. Photographs published by the agency show Kim in the People's Theater of the capital, Pyongyang, smiling with two leading scholars in the country. It marked the experts as a "lucky event for national history". The test of the hydrogen bomb is "a great victory," Kim is quoted.
North Korea celebrated on Saturday, on the occasion of the 69th anniversary of the state, despite the worldwide condemnation of its missile and nuclear trials as "invincible athmosphere". At the same time, the diplomatically isolated country indirectly threatened further arms tests.
(SDA)

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