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jinju
Joined: 22 Jan 2006
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 Posted: Tue Jan 31, 2006 4:06 am Post subject: Putting the screws to North Korea |
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Several stories have emerged this week that signal a radical toughening of Amerian policy towards NK. Everything revolves around countefeiting and nukes. And its about time:
1. America may be preparing to issue an executiec order decalring that any companies or business doing business with NK will be unable to do business in the USA. This will strike hard at Kaesong, pretty much closing it down. Ive always viewed Kaesong as a sick experiment. Using slave labor and paying bribes to the NK regime.
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The U.S. is readying fresh sanctions against North Korea over the regime��s alleged financial crimes that will be significantly more severe than the ones already in place. Raphael Perl, a congressional researcher in charge of tracking Pyongyang��s drug dealings and counterfeiting, said Friday authorities completed a rough draft of an executive order that would stop any financial firms involved in transactions with North Korea from conducting business in the U.S.
That will mean all banks, brokerage houses and insurance firms and refers not only to illegal transactions but to any financial deals with the North, Perl told the Chosun Ilbo on the phone. Once the regulations are finalized, ��the message to financial institutions operating in the U.S. will be that the time has come for them to choose between the U.S. or North Korea,�� he added. |
In a related story
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A local Internet news site reported Saturday that a top aide to North Korean leader Kim Jong-il was arrested in Macao earlier this month.
Citing Japanese diplomatic sources, DailyNK claimed Kang Sang-choon, a secretary of the Workers' Party of Korea and chief of staff to Kim, was detained in connection to circulation of forged U.S. dollars and money laundering.
DailyNK, which specializes in news related to the reclusive communist country, also said the arrest may have taken place on Jan. 11 and that South Korean and Japanese intelligence services are in the process of verifying the information.
Regarding the allegations, a source at the National Intelligence Service, South Korea's spy agency, said it received information on the matter. The official, however, said the agency is not in a position to offer a confirmation at this time.
Experts here said Kang is not involved in his country's policy-making process
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2. The nuke issue. This is a quote by Christopher Hill regarding his talks with the Norks: Chris Hill:
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| '[T]hose f***ers say they��re going to go right ahead and build nuclear weapons no matter what we do.' |
Source: http://freekorea.blogspot.com/
My take on it:
I really see this as a positive move. KJI had plenty of chances to escape doom. This regime however is not capable of change, because fundamentally they are as evil as evil gets. Im not a fan of Bush, but I see sanctions as an effective way to cripple the NK regime. China seems to be getting on board ... slowly, but there are signs. Japan is another piece firmly in place. The roadblock? Seoul. With Roh and the Uri party in place, Seoul has become a spineless entity unable to standup to NK. The positives are thet Uri seems to be on the way out and the GNP should take over rulling party status. Hopefully with a GNP president in the Blue House. Its time to put the screws to NK. |
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keithinkorea
Joined: 17 Mar 2004
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| Posted: Tue Jan 31, 2006 4:37 am Post subject: |
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I agree. What is needed by South Korea is a 'more stick, less carrot' approach. North Korea should not be rewarded for bad behaviour, but should be offered incentives to clean up their act.
Sanctions worked well against apartheid, they can work equally well against those scumbag norks. |
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