Seoul’s new sanctions on North Korea change little but set stage for next steps



Analysis Seoul’s new sanctions on North Korea change little but set stage for next steps South Korea has array of options to up ante if DPRK conducts nuclear test, though it risks feeding cycle of escalation Chad O'Carroll October 14, 2022 SHARE COPY LINK FACEBOOK X LINKEDIN MASTODON Kim Jong Un (second from right) cuts a ribbon at an opening ceremony for a large greenhouse complex \| Image: Rodong Sinmun (Oct. 11, 2022) South Korea announced new unilateral sanctions against North Korea for the first time in five years on Friday, adding 15 individuals and 16 institutions to its blacklist. The ministry said that the designations will block South Korean transactions with the listed entities, help raise local and international awareness about the targets and showcase increasing ROK cooperation with like-minded democracies like the U.S., Japan and Australia. It’s difficult to see what practically changes as a result of the designations: Existing ROK, U.S. and U.N. sanctions already prohibit almost all trade with North Korea. But Read More © Korea Risk Group. All rights reserved. No part of this content may be reproduced, distributed, or used for commercial purposes without prior written permission from Korea Risk Group. LATEST ANALYSIS 01How North Korean hackers and IT workers collude to cause chaos 02What pro-Trump think tanks reveal about his likely North Korea policy priorities 03Yoon bet on US to deter North Korea. Now he faces an alliance skeptic in Trump. 04All the question marks hanging over Trump’s approach to North Korea in term two 05Time almost up for North Korea’s plan to launch 3 military satellites in 2024 06Trump return rekindles prospects of North Korea talks, but Russia stands in way 07How China could benefit from North Korea’s troop deployment to Ukraine 08New North Korean ICBM delivers big political message, and likely bigger payloads 09How North Korea-Russia ties will challenge next US president, no matter who wins 10What to make of the stunning collapse in value of North Korean won

Analysis

Seoul’s new sanctions on North Korea change little but set stage for next steps

South Korea has array of options to up ante if DPRK conducts nuclear test, though it risks feeding cycle of escalation

Chad O'Carroll October 14, 2022

Seoul’s new sanctions on North Korea change little but set stage for next steps

Kim Jong Un (second from right) cuts a ribbon at an opening ceremony for a large greenhouse complex | Image: Rodong Sinmun (Oct. 11, 2022)

South Korea announced new unilateral sanctions against North Korea for the first time in five years on Friday, adding 15 individuals and 16 institutions to its blacklist.

The ministry said that the designations will block South Korean transactions with the listed entities, help raise local and international awareness about the targets and showcase increasing ROK cooperation with like-minded democracies like the U.S., Japan and Australia.

It’s difficult to see what practically changes as a result of the designations: Existing ROK, U.S. and U.N. sanctions already prohibit almost all trade with North Korea. But

Seoul’s new sanctions on North Korea change little but set stage for next steps

LATEST ANALYSIS

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Chad O'Carroll