EXCLUSIVE: Financial sanctions delay North Korea's atom bomb work - U.N.
UNITED NATIONS (Reuters) - A combination of increasingly tough financial sanctions, an arms embargo and other international restrictions on trade with North Korea have not stopped Pyongyang's illicit nuclear arms program but appear to have significantly delayed it, according to a confidential report by a U.N. panel of experts seen by Reuters on Tuesday.
"While the imposition of sanctions has not halted the development of nuclear and ballistic missile programs, it has in all likelihood considerably delayed (North Korea's) timetable and, through the imposition of financial sanctions and the bans on the trade in weapons, has choked off significant funding which would have been channeled into its prohibited activities," said the 52-page report said.
In the report to the U.N. Security Council's North Korea sanctions committee, the panel also recommended sanctioning three North Korean entities and 12 individuals.
The individuals listed were nine North Korean nationals, a man from Kazakhstan and two men from Ukraine, all due to their links to arms-smuggling deals, the report said.
(Reporting by Louis Charbonneau and Michelle Nichols. Editing by Christopher Wilson)
- Tweet this
- Share this
- Digg this
- US STOCKS-Dow, S&P 500 end at record highs; BoJ move adds fuel to rally
- Judge rejects strict limits on U.S. nurse who treated Ebola patients |
- 'Plastic' Halloween skulls found in Connecticut are human remains
- Judge rejects strict limits on U.S. nurse who treated Ebola patients
- Protests force out Burkina president, soldiers vie for power
Somali pirates have freed seven Indian sailors detained for close to four years in exchange for an undisclosed ransom, Somali officials and a maritime monitoring group said on Friday. Full Article
Test flight of Virgin Galactic spaceship ends in fatal crash in California. Full Article