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Category: Sanctions

June 28, 2009

Sam Brownback Strikes Again

Now, he’s holding the nomination of Kurt Campbell to replace Chris Hill as Assistant Secretary for East Asian and Pacific Affairs.  Recently, Brownback has used the power of the nomination hold to become the congressional oversight over State’s spectacularly unsuccessful North Korea policy that no one on the Foreign Relations Committee is willing to be.  He’s brought a degree of public scrutiny to some of State’s dumbest decisions, and has managed to slow down — but not stop — the...
Categories Diplomacy/Sanctions/U.S. Politics/Washington Views
June 28, 2009

A North Korean Connection to Those Counterfeit Bonds?

It’s very short on specifics, but it’s the first published report affirmatively linking those fake bonds to North Korea: An Italian newspaper reports a recent mysterious case involving US$134.5 billion worth of counterfeit bonds has a North Korea connection. Earlier this month two Japanese nationals were caught in Italy allegedly trying to smuggle the bonds into Switzerland. Il Messaggero says the fake bonds may have been manufactured in North Korea since the two men are North Korean agents and are...
Categories Counterfeiting/Money Laundering/NK Crime/Sanctions
June 20, 2009

Sanctions Updates

The United Nations is getting to work on a list of North Korean entities to be sanctioned under UNSCR 1874, as Pentagon officials head to China to press their hosts on implementation and compliance. Off the Chinese coast, the U.S.S. John S. McCain continues to shadow the Kang Nam I and prepares to invoke the awesome mandate of the Security Council’s “pretty please” resolution.  Asked the obvious question, the State Department gives a quintessential State Department answer: “We would hope...
Categories "United" Nations/China/Proliferation/Sanctions
June 18, 2009

Collision Course? U.S. Navy Tracking N. Korean Ship

Less than a week after the passage of U.N. Security Council Resolution 1874, the U.S. Navy is tracking a North Korean ship off the coast of China.  The ship is suspected of carrying prohibited cargo: Officials said the U.S. is monitoring the voyage of the North Korean-flagged Kang Nam, which left port in North Korea on Wednesday. On Thursday, it was traveling in the Pacific Ocean off the coast of China, two officials said on condition of anonymity to discuss...
Categories Proliferation/Sanctions
June 18, 2009

Breaking News: Treasury Issues Money Laundering Alert Against North Korea

This is going to be a big deal.  By the time I have time to update this post, the world financial system will have started purging itself of its links to North Korea.  More later. Update:   Call it Plan B light, and quite possibly a prelude to better things, but this by itself will have a significant effect. Why, you ask?  After all, this alert doesn’t freeze anything.  It’s merely a warning: The U.N. Security Council’s adoption of specific...
Categories Counterfeiting/Money Laundering/NK Economics/Sanctions
June 17, 2009

Take the Money and Run

Like I said:  the North Koreans snore though all those threats from Perry, Gingrich, and Eagleburger, but Stuart Levey scares the bejeezus out of them: North Korea is rushing to withdraw money from its overseas bank accounts after the United Nations imposed financial and other sanctions for its nuclear test, a report said. South Korea’s Dong-A Ilbo newspaper, quoting sources in Beijing, said the North had begun withdrawing funds from accounts in Macau and elsewhere for fear they would be...
Categories Japan/Money Laundering/Sanctions
June 12, 2009

U.N. Security Council Resolution 1874 (Updated with Analysis)

For better or for worse, they passed it. As with UNSCR 1695 and 1718 before it, this will be as effective as the implementation.  Much has been said about how China undermined both of those resolutions, and that is true, but too little has been said about how much the U.S. State Department also did to undermine them for the sake of a failure called Agreed Framework II. The good news is that this time, there are some early and...
Categories "United" Nations/Sanctions
June 10, 2009

Sun Rises, Flowers Bloom, U.N. Fails to Pass Effective N. Korea Resolution

[Update:   I should clarify that this isn’t final and passed by the Security Council. This is leaked draft language from the agreed text.] My hopes that a long negotiation would mean tougher language were not realized.  China was more determined to shield North Korea from consequences than we were determined to impose them. Excerpts below the fold, with many thanks to a reader and friend. How is this weak?  In a nutshell, the language on sanctions and interdiction is...
Categories Missiles/Proliferation/Sanctions/WMD
June 10, 2009

S. Korea and Japan Join Sanctions Effort Against North Korea

Kyodo News and Yonhap are reporting that we’re close to announcing a deal on sanctions at the U.N. Security Council.  I’m hopeful that the length of the negotiation means that we’ve insisted on something reasonably tough on paper; less so that the Chinese and the Russians will cooperate in practice.  I tend to view claims that China has lost patience with North Korea at last as so much Chinese disinformation, meant to mask China’s premeditated enabling of North Korea’s misdeeds...
Categories "United" Nations/China/Money Laundering/Sanctions
June 7, 2009

Is Barack Obama Finding His Inner Churchill?

[Update:   Clinton hints at putting North Korea back on the list of state sponsors of terrorism, and calls the charges against Laura Ling and Euna Lee “absolutely without merit or foundation.”  Does that mean Clinton’s best information is that they were inside China?] I continue to be gleefully amazed by the toughness and seriousness of Obama’s words on North Korea.  Now let’s see if they translate into effective action.  In his young presidency, Obama has already jettisoned some of...
Categories "United" Nations/Ling/Lee Incident/Sanctions/Washington Views
June 5, 2009

Obama Gears Up for “Plan B;” John Kerry Blocks Terror Re-Listing

I really don’t know what to make of this.  A young, inexperienced president, one whom the North Koreans arguably endorsed, comes into office showing every sign of being easier meat than Lance Bass in Riker’s Island.  The North Koreans, true to Joe Biden’s prophetic gaffe, and with their exquisite sensitivity to American weakness, don’t even let the man get inaugurated before they begin the noisy repudiation of every agreed framework, U.N. resolution, and armistice they can stuff into a shredder....
Categories "United" Nations/China/Counterfeiting/Money Laundering/NK Crime/NK Economics/Proliferation/Sanctions/U.S. Politics
June 3, 2009

Must Read: New Details Leaked on North Korea’s Counterfeiting

Say it with me: thank goodness Christopher Hill got the North Koreans promise never, ever to counterfeit our currency ever again — cross my heart and hope to be executed before a crowd of bused-in schoolchildren! A North Korean general who is a confidant of the country’s leader, Kim Jong-il, has been identified by U.S. and foreign intelligence agencies as a key figure in the covert production and distribution of high-quality counterfeit $100 bills called supernotes, according to documents and...
Categories Counterfeiting/Kremlinology/Media Criticism/Money Laundering/Sanctions
June 2, 2009

The Only American Who Scares Kim Jong Il Goes to Seoul

Forget Hillary Clinton; I’ve been telling you that if you want to see whether the U.S. government is serious about bringing the pain to Kim Jong Il, keep an eye on Stuart Levey. And did I not tell you that President Obama would thank himself for renominating the architect of the financial constriction strategy that briefly struck fear into Kim Jong Il’s dessicated heart? A United States government official who played a key role in freezing North Korean assets in...
Categories NK Economics/Sanctions
May 31, 2009

Korean War 2, Day 5: Gates Calls for a ‘Plan B,’ The Next Missile Test, and More Calls for Military Action

GATES LOOKS FOR A “PLAN B:” Mr. Gates raised “the notion that we should think about this as we are pursuing the six-party talks,” said a senior defense official who asked for anonymity because he was not authorized to speak publicly on the issue. “We ought to think about what more we need to do should they not prove successful.   [N.Y. Times, Elisabeth Bumiller] Better late than never, and he’s welcome to order from this menu. MISSILE TEST UPDATE: ...
Categories NK Economics/Proliferation/Sanctions/WMD
March 25, 2009

Stuart Levey Renominated

Yes, it’s a perfectly excellent nomination by the Obama Administration for Treasury. No, I’m serious. Stuart Levey, the Treasury Undersecretary for Terrorism and Financial Intelligence, played the key role in snipping North Korea’s financial lifelines in 2005 and 2006, starting with Macau’s Banco Delta Asia. Treasury’s effort ended when North Korea blinked and made a bunch of false promises to Chris Hill just to stop the pain, and Chris Hill duly made it stop. But no single U.S. government official...
Categories Money Laundering/NK Economics
January 26, 2009

Eberstadt: What Went Wrong

So over the weekend, I finally had a chance to read Nicholas Eberstadt’s fine summary of the Bush Administration’s eight years of drift and indecision on North Korea (hat tip to Robert Koehler). It’s hard to pick a favorite passage, but this one certainly struck a chord: In the absence of a coherent policy, though, the imperative of “success” in talks with North Korea suddenly took on a life of its own for the Bush team. (After all, there was...
Categories Money Laundering/NK Economics/Washington Views
April 17, 2008

Must Read: Sung-Yoon Lee on the Bush-Lee Summit

If anyone ever asks what we should do about North Korea from this day forward, I think I’ll just refer them to this: Empower the office of the US special envoy for human rights in North Korea so that the special envoy can fulfill his mandate as per Section 107 of the North Korean Human Rights Act of 2004 unfettered by Washington politics. Make full use of the $20 million appropriated for 2008 to provide assistance to North Koreans outside...
Categories An Alliance?/Money Laundering/U.S. & Korea