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    Sanctions and Consequent Effects on North Korea's Trade

    Jangho, Choi; Sojeong, Im | June 2017
    Abstract
    The international community’s sanctions against North Korea (DPRK) have been tight-ened since 2006, as the DPRK continuously implemented nuclear tests through which smaller and technologically advanced nuclear bombs and ICBMs were tested out. When the DPRK conducted its 1st nuclear test in Octo-ber 2006, the international community needed only less than a month to draw an agreement which aimed to deter the DPRK from conduct-ing further nuclear tests, and began to put pressure on the DPRK to suspend all nuclear-related activities via UN Security Council Resolution 1718 (UNSCR 1718). When the DPRK conducted its 5th nuclear test on Sep-tember 9, 2016, circumstances changed. This time it took the international community more than two months to determine what measures should be applied to pressure the DPRK to cease any additional nuclear provocations. Eventually the UN passed UNSCR 2321 on November 30, 2016. However, circumstances related to the nuclear program in the DPRK and the responses of neighboring countries to it have changed.
    Citation
    Jangho, Choi; Sojeong, Im. 2017. Sanctions and Consequent Effects on North Korea's Trade. © Korea Institute for International Economic Policy. http://hdl.handle.net/11540/7211.
    Keywords
    Economic planning
    Economic structure
    Growth policy
    Trade relations
    Trade Facilitation
    Trade
    Economic integration
    Regional Economic Integration
    Regional economics
    Economic forecasting
    Economic development projects
    Success in business
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    Citable URI
    http://hdl.handle.net/11540/7211
    Metadata
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    WEB 17-13.pdf (267.1Kb)
    Author
    Jangho, Choi
    Sojeong, Im
    Theme
    Trade
    Economics
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise