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New Sanctions Aim at North Korean Economy, Less so Missiles and Nukes

By accepting tough rules on textiles, joint ventures, and overseas employment, new UN sanctions on North Korea are aimed squarely at the general economy.

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Growing Role of FDI from Korea in Providing Opportunity and High-Paying Jobs for America

South Korea continues to demonstrate its confidence in America by once again in 2016 increasing its holdings of $38.8 billion in investments at U.S.-based companies, nearly double the level the year prior to the implementation of the Korea-U.S. Free Trade Agreement (KORUS FTA) in 2011.

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Trump at the UN: A Plea for Help on North Korea

President Trump’s United Nations speech seems, above all, to be a plea for help from the international community in dealing with North Korea.

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Final DPRK Travel Ban Regulations Will Cut Humanitarian Help for North

The initial statement on travel to North Korea indicated that there would be exemptions for humanitarian activities and journalists.  Those exemptions, however, are limited and narrow.  

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North Korea Tests Missile Over Japan Again: Stronger Action Needed

The easy temptation in the aftermath of the latest UN sanctions would be to simply view the most recent test as North Korea expressing its displeasure at additional economic pressure.

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The North Korean embassy in London. The UK maintains diplomatic relations with Pyongyang.

North Korea Loses More Friends and Trading Partners

In back-to-back announcements, both Peru and Mexico announced that they would be expelling the North Korean ambassador from their countries, although they stopped short of cutting off diplomatic ties altogether.

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South Korean President Moon Jae-In and French President Charles de Gaulle, both 360 presidents

Les Présidents: Moon Jae-in, Charles de Gaulle, and the 360 Presidency

One contextual parallel between the two presidents is that Moon and de Gaulle both came to power following a domestic political crisis.

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New North Korea Sanctions: The Best that Could be Expected

While this may have been the best that could be achieved at the United Nations, it is disappointing that China and Russia would not support more robust sanctions against North Korea.

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Korean AI Market Competition Heats Up

Elon Musk tweeted that AI has “vastly more risk than North Korea.” So, it may be ironic that Korean companies are so eager to apply AI into their services.

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No Reason to Withdraw from the KORUS FTA

Rumors flooded Washington over the Labor Day holiday weekend that the U.S. would soon withdraw from the Korea-U.S. Free Trade Agreement (KORUS FTA). 

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About The Peninsula

The Peninsula blog is a project of the Korea Economic Institute. It is designed to provide a wide ranging forum for discussion of the foreign policy, economic, and social issues that impact the Korean peninsula. The views expressed on The Peninsula are those of the authors alone, and should not be taken to represent the views of either the editors or the Korea Economic Institute. For questions, comments, or to submit a post to The Peninsula, please contact us at ts@keia.org.