North Korea earned $200 million from banned exports, United Nations report finds

N. Korea earned RM777 million from banned exports says UN
North Korea Violated UN Sanctions To Earn $200 Million from Prohibited Exports, Report Finds
Author

05 February, 2018

In a violation of U.N. sanctions, North Korea exported coal and other banned commodities - earning the country roughly $200 million from the exports past year, according to a new report from the United Nations.

North Korea "continued to export almost all the commodities prohibited in the resolutions, generating nearly US$200 million in revenue between January and September 2017", said the report also seen by Agence France-Presse.

But a report submitted to a United Nations sanctions committee says the North earned at least 196 million dollars through exports of coal to China, Russia, Malaysia and Vietnam, as well as through shipping minerals and products.

The monitors said they had investigated ongoing ballistic missile cooperation involving Syria and Myanmar, including more than 40 previously unreported North Korean shipments between 2012 and 2017 to Syria's Scientific Studies and Research Centre, which oversees the country's chemical weapons programme. Coal is also said to have been exported to several countries, including South Korea, using, quote, "a combination of multiple evasion techniques, routes and deceptive tactics".

"The DPRK is already flouting the most recent resolutions by exploiting global oil supply chains, complicit foreign nationals, offshore company registries and the worldwide banking system", the report said, referring to the country by its formal name - the Democratic People's Republic of Korea.

A 213-page report obtained by the news service accuses North Korea of flouting bans on exports of North Korean coal, iron, lead, textiles and seafood, the news service reports, as well as sanctions meant to hamper the country's ballistic weapons program. CNN has obtained key sections of the report from a United Nations diplomat who is not authorized to speak publicly.

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It confirmed that Myanmar and Syria were cooperating with North Korea's main arms-exporter Komid.

A U.N. panel of experts on North Korea said these nations and others are failing to stop the Kim Jong Un regime's efforts to fund its nuclear and missile programs, according to a report reviewed by The Wall Street Journal.

Last year, the UN Security Council adopted a series of resolutions aimed at restricting exports, with the objective of cutting off revenue to North Korea's military programme. They said Malaysia reported one shipment to the council committee and the remaining 15 shipments violated sanctions.

Syria told the panel no North Korea technical companies are operating in the country, and the only North Koreans there are involved in sports.

Following the revelation, China's embassy in North Korea denied flouting Security Council sanctions and said in a statement that the two neighbours had maintained "normal trade exchanges".


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