Tougher restrictive measures adopted in response of Kim Jong-un's aggressive policy
by Emanuele Bonini
The Council of the EU decided to isolate North Korea by approving new sanctions aiming to stop the aggressive policy of Pyongyang. Kim Jong-un's military regime of the «constitute a grave threat to international peace and security in the region and beyond», in the eyes of the 28 EU member States, who gave green light to a further expansion of its restrictive measures targeting the nuclear, weapons of mass destruction and ballistic missile programmes of Democratic People's Republic of Korea. Europe cut all ties with the Asiatic country by closing all the air and sea ways. No planes will be allowed neither to fly nor to land in the EU skies, no ships will be allowed to enter in the European harbours. Stop to the investment plans, as well as to import-export: the EU Council imposed sanctions in trade, finance, investments and transport. Here all the decisions in detail:
- trade sector: prohibition of the import of petroleum products and luxury goods from the DPRK, prohibition of the supply, sale or transfer to the DPRK of additional items, materials, equipment relating to dual-use goods and technology and ban on any public financial support for trade with the DPRK;
- financial sector: prohibition of transfers of funds to and from the DPRK, unless for certain predefined purposes and authorised in advance;
- investment: prohibition of all investment by the DPRK in the EU; prohibition of investment by EU nationals or entities in the mining, refining and chemical industries sectors as well as in any entities engaged in the DPRK's illegal programmes;
- transport sector: prohibition on any aircraft operated by DPRK carriers or originating from the DPRK from landing in, taking off or overflying EU territory; prohibition on any vessel owned, operated or crewed by the DPRK from entering EU ports.
EU restrictive measures against the DPRK were introduced for the first time on 22 December 2006. Prohibitions on the export and import of arms, goods and technology that could contribute to nuclear, weapons of mass destruction and ballistic missile programmes, and other restrictions in the financial, trade and transport sectors were already in force.
The Council of the EU decided to isolate North Korea by approving new sanctions aiming to stop the aggressive policy of Pyongyang. Kim Jong-un's military regime of the «constitute a grave threat to international peace and security in the region and beyond», in the eyes of the 28 EU member States, who gave green light to a further expansion of its restrictive measures targeting the nuclear, weapons of mass destruction and ballistic missile programmes of Democratic People's Republic of Korea. Europe cut all ties with the Asiatic country by closing all the air and sea ways. No planes will be allowed neither to fly nor to land in the EU skies, no ships will be allowed to enter in the European harbours. Stop to the investment plans, as well as to import-export: the EU Council imposed sanctions in trade, finance, investments and transport. Here all the decisions in detail:
- trade sector: prohibition of the import of petroleum products and luxury goods from the DPRK, prohibition of the supply, sale or transfer to the DPRK of additional items, materials, equipment relating to dual-use goods and technology and ban on any public financial support for trade with the DPRK;
- financial sector: prohibition of transfers of funds to and from the DPRK, unless for certain predefined purposes and authorised in advance;
- investment: prohibition of all investment by the DPRK in the EU; prohibition of investment by EU nationals or entities in the mining, refining and chemical industries sectors as well as in any entities engaged in the DPRK's illegal programmes;
- transport sector: prohibition on any aircraft operated by DPRK carriers or originating from the DPRK from landing in, taking off or overflying EU territory; prohibition on any vessel owned, operated or crewed by the DPRK from entering EU ports.
EU restrictive measures against the DPRK were introduced for the first time on 22 December 2006. Prohibitions on the export and import of arms, goods and technology that could contribute to nuclear, weapons of mass destruction and ballistic missile programmes, and other restrictions in the financial, trade and transport sectors were already in force.
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