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North Korea: Economic Sanctions

By Rennack, Dianne E.

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Book Id: WPLBN0000219172
Format Type: PDF eBook
File Size: 0.1 MB
Reproduction Date: 2008

Title: North Korea: Economic Sanctions  
Author: Rennack, Dianne E.
Volume:
Language: English
Subject: Government publications, Legislation., Government Printing Office (U.S.)
Collections: Government Library Collection
Historic
Publication Date:
Publisher: Government Printing Office

Citation

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Rennack, D. E. (n.d.). North Korea: Economic Sanctions. Retrieved from http://self.gutenberg.org/


Excerpt
Excerpt: U.S. economic sanctions are imposed against North Korea for four primary reasons: (1) North Korea poses a threat to U.S. national security, as determined by the President and renewed annually under the terms of the Trading with the Enemy Act and National Emergencies Act; (2) North Korea is designated by the Secretary of State as a state sponsor or supporter of international terrorism, pursuant to the Export Administration Act of 1979; (3) North Korea is a Marxist-Leninist state, with a Communist government, and stated as such in the Export-Import Bank Act of 1945, and further restricted under the Foreign Assistance Act of 1961; and (4) North Korea has been found by the State Department to have engaged in proliferation of weapons of mass destruction – to date only missile proliferation – pursuant to the Arms Export Control Act, Export Administration Act of 1979, and Iran Proliferation Act of 2000.

Table of Contents
Contents Background . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 U.S. Economic Sanctions Against North Korea . . . . . . . . . . . . . . . . . . . . . . 1 The Current Crisis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Events and international response . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Congressional response . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 U.S. Economic Sanctions Currently In Place . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 National Emergency Because of Threat to U.S. National Security . . . . 5 Terrorism . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Nonmarket State . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 Proliferator . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 Aid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 Terrorism . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 Nonmarket State . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Arms Sales and Arms Transfers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 Access to Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12

 
 



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