N. Korea sanctions need international unity
The Japanese government is tightening the screws as it moves toward
implementing financial sanctions on North Korea in response to its
defiant missile tests earlier this month.

A South Korean activist burns a North Korean national flag during an
anti-North Korean rally in front of the foreign ministry in Seoul.
South Korean President Roh Moo-Hyun warned against overreacting to
North Korea's missile tests as Japan considered imposing further
financial sanctions against the impoverished communist state.( AFP ) |
Discussions have started with the United States and other countries
as the government seeks to press Pyongyang into refraining from any
future missile launches. Gaining the support of the international
community will be vital to ensure the financial sanctions have bite as
well as bark.
Visiting U.S. Treasury Undersecretary Stuart Levey is scheduled to
hold talks with officials from the Foreign and Finance Ministries on
specifics of the envisioned sanctions. However, China and Russia-two key
allies of Pyongyang-remain steadfast in pursuing a more conciliatory
approach toward North Korea, so Japan and the United States have their
work cut out to get their way on the matter.
"First of all, we need to sort out the hows and whats [of the
financial sanctions]," Chief Cabinet Secretary Shinzo Abe said Tuesday
evening. "It's essential we work closely with the United States, and we
also must keep in mind that we need a cooperative framework with other
members of the international community."
Tokyo and Washington were at the forefront of a U.N. Security Council
resolution adopted Saturday that called for limited sanctions against
North Korea for its July 5 missile tests and demanded the reclusive
nation suspend its ballistic missile program. Both governments were keen
to spell out what sanctions should be imposed to ensure the impetus is
not lost in putting the squeeze on North Korea.
The government has already banned the entry into Japanese ports of
the Man Gyong Bong-92 passenger and cargo ferry for six months, and
restricted visits to North Korea by pro-Pyongyang Korean residents of
Japan.
The Security Council resolution, which was adopted unanimously, also
bans U.N. member states from selling materials, goods and technology for
missiles or weapons of mass destruction to North Korea. In line with
this, the government is considering banning remittances to companies and
individuals deemed to be involved in North Korea's missile development
and freezing their assets in Japan under the Foreign Exchange and
Foreign Trade Law.
However, the plan might come unstuck because of the difficulty in
tracing every company or individual with a hand in Pyongyang's
development of its missile arsenal. Some companies may have bank
accounts in the names of dummy companies. The government hopes
Washington will provide classified information to ensure no one escapes
from the net, and also will exchange information with the United States
on the matter.
The government also plans to call on Britain, France and the European
Union to lend their weight to the financial sanctions. "A lot of
remittances to North Korea are made via Europe, so having them on board
is essential," a Finance Ministry source said Tuesday.
The effectiveness of the sanctions also hinges on China, which still
holds a degree of leverage over North Korea and has provided food and
other aid over the years to prop up its impoverished neighbour.
"Cash is commonly carried into North Korea across the Chinese
border," a Foreign Ministry source said.
"If Japan, the United States and the EU are in tune over the
financial sanctions, China will have no option but to lean more heavily
on North Korea," a government official said.
(The Yomiuri Shimbun)
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