UN chief: Denuclearization of Korean peninsula is objective

February 3, 2018   UNITED NATIONS (AP) — Secretary-General Antonio Guterres says he is encouraged by the improvement of relations between the two Koreas, but the U.N.’s objective is the peaceful denuclearization of the Korean peninsula. The U.N. chief told reporters Friday that he was “especially encouraged” by the re-establishment of a military hotline between…

News Analysis – Concerns persist over whether inter-Korean exchanges violate UN sanctions

South Korean government has continued to insist that all events will accord with international law   A 12-member South Korean preliminary review team led by Lee Joo-tae (fifth from left), the director-general for inter-Korean exchange and cooperation at the Unification Ministry, meets with their North Korean counterparts to review the Masikryong Ski Resort during a…

US Asks S. Korean Banks to Investigate Cryptocurrency Exchange Transactions

Business Korea The U.S. seems to be concerned that virtual currency can be a loophole in financial sanctions on North Korea. Seoul, Korea 29 January 2018 Yoon Yung Sil   The New York State Department of Financial Services (DFS) asked six South Korean banks and their New York branches to report on the current conditions…

An Olympic Feat: North and South Korea Engage in High-Level Talks

The focus was on the upcoming Olympic Games, but North Korea agreed to additional military talks. By Hyunmin Michael Kang January 10, 2018 North and South Korea held high-level talks on January 9 and agreed to send North Korean delegations to the PyeongChang Olympic Games, as well as to hold military meetings. The high-level talks…

Sanktionen gegen Nordkorea – Manche bleiben verschont

Nie zuvor haben die UN derart harte Strafmaßnahmen gegen Nordkorea verhängt. Doch an der Umsetzung von UN-Sanktionen hapert es oft. Warum? Ein Gastbeitrag von Enrico Carisch 6. Januar 2018 Zentrale Handelsroute zwischen China und Nordkorea: die Freundschaftsbrücke über den Grenzfluss Yalu im chinesischen Dandong © REUTERS/Thomas Peter Die Wirkung der UN-Sanktionen gegen Nordkorea erweist sich bislang…