US to Propose Adding New North Koreans to UN Sanctions List

A news broadcast playing at a railway station in Seoul on Tuesday shows footage of a North Korean missile test. | AFP-JIJI
A news broadcast playing at a railway station in Seoul on Tuesday shows footage of a North Korean missile test. | AFP-JIJI
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US to Propose Adding New North Koreans to UN Sanctions List

A news broadcast playing at a railway station in Seoul on Tuesday shows footage of a North Korean missile test. | AFP-JIJI
A news broadcast playing at a railway station in Seoul on Tuesday shows footage of a North Korean missile test. | AFP-JIJI

The United States will propose UN sanctions on multiple North Koreans, a day after Pyongyang carried out what it said was the launch of a hypersonic missile, the US United Nations ambassador announced Wednesday.

Earlier in the day, the US Treasury and State Departments imposed sanctions on five North Koreans linked to the country's ballistic missile program, AFP said.

US Ambassador to the UN Linda Thomas-Greenfield said Wednesday evening that on top of these actions, "the US is proposing UN sanctions following North Korea's six ballistic missile launches since September 2021, each of which were in violation of UN Security Council resolutions."

Her statement, posted on Twitter, did not specify the type of sanctions.

But according to an American diplomatic source, the United States will propose adding the Treasury and State Department designees to the UN's own list of sanctioned North Korean individuals and entities.

The proposal must formally go through the UN Security Council's committee on North Korean sanctions, which is comprised of the 15 members of the Security Council and whose decisions must be made unanimously.

The Treasury Department said the five North Koreans sanctioned Wednesday were "responsible for procuring goods for the DPRK's (North Korea's) weapons of mass destruction and ballistic missile-related programs."

The Treasury said that one of the North Koreans being sanctioned, Choe Myong Hyon, was based in Russia and had provided support to North Korea's Second Academy of Natural Sciences (SANS), which is already subject to sanctions.

Also targeted were four China-based North Korean representatives of SANS-subordinate organizations, the Treasury Department said: Sim Kwang Sok, Kim Song Hun, Kang Chol Hak and Pyon Kwang Chol.

In a related action, Treasury said the Department of State had designated another North Korean, O Yong Ho, a Russian national, Roman Anatolyevich Alar, and a Russian company, Parsek LLC, for having "materially contributed to the proliferation of weapons of mass destruction or their means of delivery by (North Korea)."

North Korean state media reported on Wednesday that the country's leader, Kim Jong Un, personally oversaw its successful test of a hypersonic missile the day before, the second such launch by the nuclear-armed nation in less than a week, which diplomats have called a provocation.

The last time the UN Security Council showed unanimity was in 2017, when the United States, under former president Donald Trump, pushed through three series of economic sanctions against North Korea for its nuclear and missile tests.

The measures, which are still in effect, limit Pyongyang's ability to import oil, as well as banning it from exporting coal, iron, seafood and textiles.



Israeli Finance Minister Says Banks Should Not Obey EU Sanctions on Settlers

20 July 2022, Israel, Barkan: Right-wing settlers march to build a settlement in the West Bank near Barkan. (dpa)
20 July 2022, Israel, Barkan: Right-wing settlers march to build a settlement in the West Bank near Barkan. (dpa)
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Israeli Finance Minister Says Banks Should Not Obey EU Sanctions on Settlers

20 July 2022, Israel, Barkan: Right-wing settlers march to build a settlement in the West Bank near Barkan. (dpa)
20 July 2022, Israel, Barkan: Right-wing settlers march to build a settlement in the West Bank near Barkan. (dpa)

Israel's Finance Minister Bezalel Smotrich on Thursday condemned the country's banks that have refused to provide services to Israeli settlers sanctioned by the European Union and warned they may have to pay compensation to them.

The EU last year imposed sanctions on five Israeli settlers for violence against Palestinians and Smotrich said there were reports of sanctions being considered against other settlers.

But in a letter to the banking supervisor, he said Israeli banks should not follow a "zero risk" policy since it leads to the abandonment of Israeli clients "under the guise of compliance with foreign sanctions."

In a statement quoting his letter to the regulator, Smotrich called on banks to use their legal, economic, and international strength to fight "unjust sanctions", Reuters reported.

"The banks’ enormous profits enable them to take measured risks on behalf of their clients — especially when it comes to a national moral injustice," Smotrich, who leads the far-right Religious Zionism party, said.

Should banks continue to comply with sanctions and harm clients, Smotrich said he intended to promote immediate legislation that would require banks to pay substantial compensation to affected customers.

He also intends to require the Bank of Israel itself to offer banking services to citizens targeted by sanctions.

Responding to the letter, the Bank of Israel said that while banks must comply with international sanctions to avoid an array of risks, a draft directive it published on Thursday aimed to ensure appropriate banking services were available for the affected customers.

"Circumventing foreign sanctions regimes through the Israeli banking system exposes banking corporations to multiple risks, including compliance risks, anti-money laundering and counter-terror financing risks, legal risks, and reputational risks," the central bank said.

But it said it has taken steps to comply with sanctions "without banks resorting to blanket refusals to serve such customers."

While the sanctions in question concern Israeli settlers, the EU is reviewing its broad pact governing its political and economic ties with Israel in the face of mounting international pressure on Israel amid complaints about the lack of humanitarian aid reaching Gaza in the wake of the war triggered by Hamas' Oct. 7, 2023 attack.