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Tag: Korea

U.N. sanctions against North Korea could block $1.3 billion, analyst says

U.N. sanctions against North Korea could block $1.3 billion, analyst says

World
Oct. 18 (UPI) -- The implementation of United Nations Security Council sanctions could block as much as $ 1.3 billion in capital inflows to North Korea, a South Korean analyst said Wednesday.Kang Sun-joo, a professor at the Korea National Diplomatic Academy in Seoul, said in a report released Wednesday the Security Council has imposed nine sanctions against North Korea since 2006, when Pyongyang conducted its first nuclear test, News 1 reported.Recently adopted resolutions 2371 and 2375 included severe measures that include the freezing of North Korea individual and entity assets related to nuclear weapons development, and bans on the export of North Korean coal, iron ore, fishery products and textiles.The sanctions also include inspection of ships suspected of carrying banned products and...
South Korea fishermen absolved of spying after imprisonment, torture

South Korea fishermen absolved of spying after imprisonment, torture

World
Oct. 11 (UPI) -- Three South Korean fishermen who were abducted to the North more than four decades ago have been absolved of espionage charges.Park Chun-hwan, 71, Oh Gyeong-tae and Heo Tae-geun were kidnapped in the '60s while fishing for drums, or croakers, South Korean newspaper Segye Ilbo reported Wednesday.After their release and return to the South, the three men were arrested on charges of spying for Pyongyang.The fishermen, residents of South Korea's Yeonpyeong Island, were imprisoned and physically tortured during the term of former South Korean dictator Park Chung Hee.Oh and Heo are being absolved of charges posthumously. Their surviving family members attended the retrial, according to the report.Park, who is still alive, was informed of the not guilty verdict in a recent retria...
Questions arise on China's plans as N. Korea war talk rises

Questions arise on China's plans as N. Korea war talk rises

World
Securing North Korea's missile launchers and nuclear, chemical and biological weapons sites would likely be a chief priority for China in the event of a major crisis involving its communist neighbor, analysts say, although Beijing so far is keeping mum on any plans. Despite China's official silence, its People's Liberation Army likely has a "vast array" of contingency plans involving military options, said Dean Cheng, an Asia security expert at the Heritage Foundation think tank in Washington. The PLA and paramilitary People's Armed Police could also be deployed to deal with refugees and possible civil unrest, he said. What's less clear is whether and under what conditions China would commit troops as an occupying force should North Korean leader Kim Jong Un's regime fall apart, Cheng sai...
Analyst: North Korea owns dozens more submarines than South

Analyst: North Korea owns dozens more submarines than South

World
Sept. 27 (UPI) --North Korea retains far more submarines in its fleet than South Korea, and the underwater vehicles could be deadly when mounted with nuclear-tipped submarine-launched ballistic missiles.According to South Korean analyst Park Yong-han, a military expert once affiliated with the Korea Institute for Defense Analysis, North Korea has 80 submarines, while South Korea retains 18.Writing for local newspaper JoongAng Daily, Park said the North Korean submarine that poses the greatest threat is the 2,000-ton Sinpo or Gorae-class sub, which it developed by reverse engineering Russia-made Golf-class submarines.The Sinpo-class vehicles are dangerous because they are capable of carrying SLBMs and are being built "continuously," according to South Korea's defense ministry in 2014.North ...
Russia: US approach to N Korea is a 'dead end'

Russia: US approach to N Korea is a 'dead end'

World
Russia has warned of "catastrophic consequences" if military conflict is allowed to break out on the Korean peninsula.After the US dispatched bomber jets to South Korea over the weekend, Russia's foreign ministry said Washington's approach was a dead end.The ministry's Mikhail Ulyanov said the country was working "behind the scenes" to find a political solution, but admitted the use of sanctions against North Korea is almost exhausted.China echoed Russia's concerns, and said war on the peninsula would have "no winners".Video:White House dismisses North Korea's claim that President Trump has declared warOn Monday, North Korea's foreign minister, Ri Yong Ho, said the isolated state had the right to "shoot down" US planes - even if they were not in the country's airspace.It followed President...