Abstract
The last decade and a half we saw the gradual forming of a sanctions regime against the DPRK in connection with Pyongyang’s nuclear and missile programs. United Nations Security Council resolutions have disconnected North Korea from the global financial system, cut all foreign military ties with the country, introduced considerable sectoral sanctions on imports and exports, blocked major channels Pyongyang used to acquire foreign currency. Besides, the United States, South Korea and Japan have simultaneously enforced unilateral restrictions. Early 2018 offers an opportunity to solve the Korean Peninsula nuclear problem, and now is the time to assess the sanctions’ efficiency. We analyze the problems with their implementation and describe the means North Korea employs to circumvent the regime. Such measures include building an autarkic economy, ignoring the directives of the United Nations Security Council, deceiving international partners, exploiting the global market and engaging in espionage and diplomacy. These strategies allow the DPRK to support and develop the economy, as well as missile and nuclear programs. Whatever the outcome of the negotiations may be, it is already evident that sanctions cannot efficiently solve the nuclear issue and must give way to dialogue.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
