April 25, 2018
Don't Let Up on North Korea Now
The best way to ensure talks succeed is to close loopholes in the sanctions regime.
The administration of U.S. President Donald Trump may or may not be right in thinking that its “maximum pressure” campaign has brought North Korea to the bargaining table. What’s certain is that there remain cracks in that campaign. To sustain pressure on the Pyongyang regime and give the U.S. leverage in upcoming talks between Trump and North Korean leader Kim Jong Un, they need to be plugged.
Certainly, the Trump administration deserves credit for coordinating the harshest set of sanctions ever levied against North Korea, targeting in particular its energy trade with the outside world. The United Nations has banned member states from buying North Korean coal and sharply curtailed the volume of crude oil and refined petroleum products the country can import. The U.N. also prohibits ship-to-ship transfers of fuel, in addition to exports of commodities such as iron and seafood.
Read the Full Article at Bloomberg
More from CNAS
-
Whither the Coalition?
Reports
Executive Summary The future of Taiwan, a self-governing island democracy that is claimed by the People’s Republic of China (PRC), remains one of the most complex and fraught ...
By Emily Kilcrease & James Crabtree
-
OpenAI Barrels Toward IPO, U.S. Readies Iran Econ Attack
Video
Bloomberg Economics' Chris Kennedy, an adjunct senior fellow at the Center for a New American Security, and Clara Gillispie from the Council on Foreign Relations break down th...
By Chris Kennedy
-
Ziemba: Oil Market Overlooks Buffers Amid Long Conflict
Video
Oil held a decline as tankers laden with crude continued to exit the Persian Gulf, despite persistent threats and limited progress on a deal between Iran and Oman to reopen th...
By Rachel Ziemba
-
Jones Act Relief Extended, Iran War Presses On
Video
President Trump extended a waiver Monday for foreign ships transporting oil around the US as the war in Iran continues to disrupt supply chains. Bloomberg News' Mike McKee & B...
By Chris Kennedy
