Title : Will Today's North And South Korean Announcement To Improve Economic Ties Break U.N. Sanctions?
link : Will Today's North And South Korean Announcement To Improve Economic Ties Break U.N. Sanctions?
Will Today's North And South Korean Announcement To Improve Economic Ties Break U.N. Sanctions?
South Korean President Moon Jae-in and North Korean leader Kim Jong Un attend a luncheon in Pyongyang, North Korea, September 19, 2018. Pyeongyang Press Corps/Pool via REUTERS
Reuters: Korea summit economic pledge raises sanctions-busting fears
A pledge by the leaders of North and South Korea to foster economic ties has heightened worries among skeptics that Seoul’s push to revive nuclear talks could undermine the sanction regime credited with bringing Pyongyang to the negotiating table.
Speaking at a joint news conference in Pyongyang on Wednesday, South Korea’s President Moon Jae-in said he and North Korean leader Kim Jong Un agreed to the normalization of the Kaesong joint border industrial park and tours to North Korea’s Mount Kumgang.
The two projects, which were suspended amid tensions between the rivals under Moon’s two conservative predecessors, had been lucrative sources of cash for the impoverished North.
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Update: Proposed Inter-Korean Projects Could Violate UN, US Sanctions -- VOA
WNU Editor: South Korea is already sending goods to North Korea that are sanctioned .... South Korea sends sanctioned material to North Korea, politician says (Reuters). And while today's announcement can be interpreted as a violation of current UN sanctions .... no one is going to complain if it brings peace to the peninsula.
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