Analysis Mongolia enforces latest sanctions on North Korean shipsBut other countries including Tanzania may have broken the new UN resolution The Mongolian government said it has delisted 14 North Korean vessels registered in the country, following the passage of the UN’s most recent resolution passed in March. Reporting to the UN about progress on implementation of the new sanctions, Mongolia said the DPRK ships could no longer sail under its flag. In the maritime industry, the practice is known as using a “flag of convenience” (FOC), a system which allows companies to register vessels in other countries. Despite being landlocked, there are currently over 400 ships sailing with Mongolian flags. “There had been some © Korea Risk Group. All rights reserved. |