US must choke off N. Korea access to cash: experts
- Published: 6 Mar 2013 at 05.49
- Online news: Asia
US policy has failed to end North Korea's nuclear ambitions and Washington must now seek tighter sanctions to cut off access to hard currency for the country's elite, experts said Tuesday.
This photo taken on January 28, 2013 and released by North Korea's official Korean Central News Agency via the Korean News Service shows North Korean leader Kim Jong-Un (C) speaking at the Fourth Meeting of Secretaries of Cells of the Workers' Party of Korea in Pyongyang. US policy has failed to end North Korea's nuclear ambitions and Washington must now seek tighter sanctions, experts said.
While the isolated authoritarian state is already under heavy global sanctions, the experts told US lawmakers that Pyongyang has raised billions of dollars through such things as smuggling arms and precious metals.
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