Article 12 of UN Security Council Resolution 2371. UN vote against North Korea shows the system works - for once

Health 11.09.2019

BEIJING, 6 August. /TASS/. Chinese Foreign Minister Wang Yi, at a meeting with DPRK Foreign Minister Lee Yong-ho in Manila, urged him to comply with the terms of the UN Security Council resolution.

"China calls on the DPRK not to take any more actions that violate the UN Security Council resolution, and also calls on the United States and the Republic of Korea not to further aggravate the situation on the peninsula," the minister said in the document.

“Everyone must maintain restraint, seize on the positive signals that they have been sent to recent times relevant parties, as well as to make responsible and right choice"Lee Yong-ho reiterated the position of the DPRK on the issue of the Korean Peninsula, and also expressed his desire to maintain contacts with the PRC on this issue," the Chinese Foreign Ministry said. Chinese and North Korean Foreign Ministers Wang Yi and Lee Yong Ho held a meeting in Manila, where these days events are being held under the auspices of the Association of Southeast Asian Nations (ASEAN) and the East Asia Summit.

UNSC resolution

Earlier Saturday, the UN Security Council unanimously passed resolution 2371, tightening sanctions on North Korea in response to the country's July missile tests. The document, in particular, provides for a ban on the export from the DPRK of a number of minerals and products, including coal, iron, lead and seafood. At the same time, countries that have already concluded similar contracts with the DPRK must complete the import of purchased minerals and goods within 30 days from the date of acceptance of the document.

The resolution also spelled out a ban on the creation of new joint ventures (JV) with the DPRK and additional investment in existing JVs. Countries that employ North Korean workers are prohibited from increasing their numbers. The document also obliges states not to let ships into their ports that are convicted by a special committee of the UN Security Council of violating the sanctions regime. The only exception will be "cases of emergency".

The sanctions also include targeted measures against 13 individuals and enterprises associated with Pyongyang's nuclear and missile programs. As Reuters reported earlier, according to the American side, the full implementation of the new restrictions will reduce Pyongyang's annual foreign exchange earnings, which now amount to about $3 billion, by $1 billion.

CENTRAL BANK OF THE RUSSIAN FEDERATION

INFORMATION MAIL


central bank Russian Federation In addition to his letters, he informs about the adoption by the UN Security Council of Resolution 2371 (2017) of August 5, 2017, which provides for the expansion of restrictions on the Democratic People's Republic of Korea, including in the financial sector.
________________
dated July 13, 2007 N 105-T, dated May 26, 2010 N 74-T, dated August 18, 2010 N 117-T, dated April 19, 2013 N 78-T, dated December 31, 2013 N 267-T, dated October 23, 2015 N 014-12-4/9160, dated May 19, 2016 N IN-014-12/34, dated December 30, 2016 N IN-014-12/93 and dated May 23, 2017 N IN- 014-12/23 .


Resolution 2371 (2017) entered into force on the date of its adoption.

At the same time, the Bank of Russia draws attention to the following.

1. Pursuant to paragraph 3 of resolution 2371 (2017), the list of individuals and legal entities who are subject to the freezing measures for assets they own or control under paragraph 8(d) of UN Security Council resolution 1718 (2006) . The list includes, but is not limited to, the Foreign Trade Bank, the Koryo Credit Development Bank, and the Korean National Insurance Company. However, paragraph 26 of resolution 2371 (2017) provides for an exemption under which the measures specified in paragraph 8 (d) of resolution 1718 (2006) do not apply to financial transactions with the Foreign Trade Bank or the Korea National Insurance Company if such operations are carried out solely to ensure the functioning of diplomatic or consular missions in the DPRK or the implementation of humanitarian activities carried out by the UN or in cooperation with it.

2. Paragraph 11 of UN Security Council Resolution 2094 (2013) prohibits the provision of financial services or the transfer into, through or out of the territory of UN Member States of any financial or other assets that may contribute to the activities of the DPRK prohibited by UN Security Council resolutions, or avoidance of measures imposed by UN Security Council resolutions. Item 13 adopted resolution 2371 (2017) clarifies that the above prohibitions apply to the passage of funds through the territories of all UN Member States.

3. In accordance with paragraph 14 of resolution 2371 (2017), the prohibitions provided for in paragraph 11 of resolution 2094 (2013), as well as the prohibitions on establishing or maintaining correspondent relationships with banks in the DPRK (unless the relevant transactions have been approved in advance by the relevant Security Council Committee UN) and the opening of new bank accounts in the DPRK, as provided for in paragraphs 33 and 34, respectively, of UN Security Council resolution 2270 (2016), apply to legal entities providing financial services commensurate with those provided by banks.
________________
United Nations Security Council Committee established by UN Security Council Resolution 1718 (2006) of 14 October 2006 .


The text of resolution 2371 (2017), as well as the sanctions list compiled and updated by the relevant Committee of the UN Security Council, are posted on the official website of the United Nations on the Internet and are available at the links:

- http://www.un.org/ga/search/view_doc.asp?symbol-S/RES/2371(2017)&referer=/english/&Lang=R;

- https://scsanctions.un.org/fop/fop?xml=htdocs/resources/xml/ru/consolidated.xml&xslt=htdocs/resources/xsl/ru/dprk.xsl.

This letter is subject to publication in the Bulletin of the Bank of Russia and posting on the official website of the Bank of Russia in the information and telecommunication network "Internet".

Deputy
Chairman of the Bank of Russia
D.G. Skobelkin

It's not every day that the UN Security Council passes a resolution unanimously. But that's exactly what happened on Saturday during the approval of Resolution 2371, which provides for much tougher sanctions against North Korea, including a ban on the sale of coal, iron and lead.

The big question, which remained open to everyone right up to the vote itself, was what position China would take. He would have been unlikely to exercise his veto power, but abstaining from voting on measures that could hurt, however marginally, the Chinese economy and potentially weaken Beijing's influence over its northern neighbor was the highest degree possible.

In the end, China apparently felt that the threat of North Korea's growing nuclear capability outweighed all other factors. Perhaps he also took into account the condemnation he would face if he stayed on the sidelines and the credibility he would gain by sharing the consensus of the international community.

The voice of Russia cannot be taken for granted either. While Moscow has long viewed North Korea's nuclear arsenal as a threat, commitment to the international club is rarely a priority for it, and new US sanctions signed last week by President Donald Trump clearly discouraged cooperation. However, Russia, like China, chose to focus its attention on a more serious danger.

Context

Russia must influence Kem Jong-un

Nihon Keizai 08/01/2017

10 Lessons From North Korea's Nuclear Threat

Project Syndicate 07/26/2017

Japanese tiger decided to show fangs

Nihon Keizai 18.07.2017
As a result, we got an example of how it should work international system which is rare these days. The sanctions are intended to further isolate North Korea and increase Pyongyang's spending on its nuclear program. The vote can also be seen as something of a diplomatic triumph for the Trump administration.

The resolution was a direct response to the North Korean missile test, which brought the United States within reach for the first time. America is not a great master at organizing international support for its own interests, and even less so when we are talking about the UN, but this time she succeeded.

We dare to guess why. One reason is the skillful training of Secretary of State Rex Tillerson. Even with rumors that he would soon be disillusioned and possibly leave office, Tillerson spoke to the media last week at the State Department with a message that was clearly aimed primarily at North Korea and its neighbors.

Here's what Tillerson said: “We don't want regime change; we do not want the collapse of the regime; we do not want an accelerated reunification of the peninsula; we are not looking for an excuse to send troops north of the 38th parallel.” Thus, Tillerson unequivocally dispelled at least some of the fears that certainly encouraged North Korea to build up its nuclear potential.

In sharp contrast to the militancy that recent months voiced in the statements of both sides, Tillerson also offered - albeit under specific conditions - to negotiate directly and provide security guarantees. While it is still difficult to imagine that Pyongyang will abandon its nuclear ambitions, the very talk of the prospects for negotiations touches on another aspect of the North Korean position regarding the possession of nuclear weapons: this is the only way she can attract attention.

In the same press conference, Tillerson made a small but significant concession to China, absolving it of responsibility for "the situation in North Korea." This position is at odds with Trump's earlier suggestion that China could solve the problem if it really wanted to.

The text of the UN resolution contains a number of compromise solutions that may have convinced China and Russia to raise their hands rather than abstain. One of them, to continue the topic of negotiations, is a call for a return to the Six-Party Talks, the ultimate goal of which would be the denuclearization of the Korean Peninsula. The integrity of North Korea has always been in question here, but given that the government South Korea shows a new interest in diplomacy, and nuclear program Pyongyang has made significant progress, and this prospect may not be as remote as we think.

While the current trend - as seen in the Trump controversy and the UK's exit from the EU - seems to be more in favor of division rather than unity, the unanimity shown on North Korea, as well as the skillful policy of carrots and sticks, is a highly positive development. Good news is quite rare in international relations. When they appear, they are worth celebrating.

The materials of InoSMI contain only assessments of foreign media and do not reflect the position of the editors of InoSMI.

On December 22, the UN Security Council unanimously adopted Resolution 2397, which became a response to the test by Pyongyang on November 29 ballistic missile carried out in violation of the provisions of previous decisions of the UN Security Council.

In the course of the extremely intense work on agreeing on the text of the resolution, it was possible to significantly correct the initial extremely tough project of the American side, which in fact assumed the establishment of a total trade and economic blockade of the DPRK and the imposition of sanctions against the entire leadership of the country.

At the request of the Russian delegation, as a result, the continuation of the implementation of the largest Russian-North Korean project in the field of coal transit "Khasan-Rajin" was ensured, as well as the preservation of direct flights between our countries. The sanctioning of the top leadership of the DPRK, the government and the Workers' Party of Korea, as well as a complete embargo on the supply of oil and petroleum products to the DPRK, has gone. The provisions regarding the detention, search and actions against "suspicious" ships have been relaxed.

Guided by humanitarian considerations, they achieved the removal of the provision on the unconditional, “landslide” repatriation of North Korean labor migrants. Now we are talking, in fact, about their return to their homeland within 24 months. However, this requirement does not apply to North Koreans who have become citizens of the host state or those whose repatriation is not allowed in accordance with national legislation and international law.

Once again, we are forced to emphasize that Washington's emphasis on wide-ranging international restrictions to the detriment of the search for sustainable political and diplomatic solutions will not help resolve the accumulated problems and normalize the situation in this region. It is time to move on to the implementation of not only the sanctions sections of the relevant Security Council decisions, but also those of their provisions that call for a peaceful political and diplomatic settlement of the situation through dialogue and negotiations. Obviously, the outdated algorithms for solving the nuclear problem of the Korean Peninsula, which have shown their inefficiency, do not produce results. Isolation and pressure must give way to dialogue and negotiations.

We call on all interested parties, primarily the DPRK and the United States, to show restraint and refrain from actions that are fraught with unpredictable and destructive consequences for the entire Northeast Asian region and beyond.

The Russian Federation has consistently advocated the earliest possible launch of the negotiation process and is working to find mutually acceptable ways to comprehensively resolve the problems of the Korean Peninsula. This is precisely what the corresponding "road map" for settlement proposed by us is aimed at.

The Central Bank of the Russian Federation, in addition to its letters, informs about the adoption by the UN Security Council of Resolution 2371 (2017) dated August 5, 2017, which provides for the expansion of restrictions on the Democratic People's Republic of Korea, including in the financial sector.

Resolution 2371 (2017) entered into force on the date of its adoption.

At the same time, the Bank of Russia draws attention to the following.

1. In accordance with paragraph 3 of resolution 2371 (2017), the list of individuals and entities that are subject to the freezing measures for assets owned or controlled by them, provided for in paragraph 8 (d) of UN Security Council resolution 1718 (2006 ). The list includes, but is not limited to, the Foreign Trade Bank, the Koryo Credit Development Bank, and the Korean National Insurance Company. However, paragraph 26 of resolution 2371 (2017) provides for an exemption under which the measures specified in paragraph 8 (d) of resolution 1718 (2006) do not apply to financial transactions with the Bank for Foreign Trade or the Korea National Insurance Company if such operations are carried out solely to ensure the functioning of diplomatic or consular missions in the DPRK or the implementation of humanitarian activities carried out by the UN or in cooperation with it.

2. Paragraph 11 of UN Security Council Resolution 2094 (2013) prohibits the provision of financial services or the transfer into, through or out of the territory of UN Member States of any financial or other assets that may contribute to the activities of the DPRK prohibited by UN Security Council resolutions, or avoidance of measures imposed by UN Security Council resolutions. Paragraph 13 of resolution 2371 (2017) clarifies that the above prohibitions apply to the passage of funds through the territories of all UN Member States.

3. In accordance with paragraph 14 of resolution 2371 (2017), the prohibitions provided for in paragraph 11 of resolution 2094 (2013), as well as the prohibitions on establishing or maintaining correspondent relationships with banks in the DPRK (unless the relevant transactions have been approved in advance by the relevant Security Council Committee UN) and the opening of new bank accounts in the DPRK, as provided for in paragraphs 33 and 34, respectively, of UN Security Council resolution 2270 (2016), apply to legal entities providing financial services commensurate with those provided by banks.

The text of resolution 2371 (2017), as well as the sanctions list compiled and updated by the relevant Committee of the UN Security Council, are posted on the official website of the United Nations on the Internet and are available at the links:

http://www.un.org/ga/search/view_doc.asp?symbol=S/RES/2371(2017)&referer=/english/&Lang=R;

https://scsanctions.un.org/fop/fop?xml=htdocs/resources/xml/ru/consolidated.xml&xslt=htdocs/resources/xsl/ru/dprk.xsl.

_____________________________

* dated July 13, 2007 No. 105-T, dated May 26, 2010 No. 74-T, dated August 18, 2010 No. 117-T, dated April 19, 2013 No. 78-T, dated December 31, 2013 No. 267-T , dated October 23, 2015 No. 014-12-4/9160, dated May 19, 2016 No. IN-014-12/34, dated December 30, 2016 No. IN-014-12/93 and dated May 23, 2017 No. IN -014-12/23.

** UN Security Council Committee established by UN Security Council Resolution 1718 (2006) of October 14, 2006.

Document overview

It is reported that the UN Security Council adopted resolution 2371 (2017) of August 5, 2017, which provides for the expansion of restrictions on the Democratic People's Republic of Korea, including in the financial sector.

Thus, the list of individuals and legal entities that are subject to measures to freeze assets owned or controlled by them, provided for in paragraph 8 (d) of UN Security Council resolution 1718 (2006), has been supplemented. There are a number of exemptions provided for.

Resolution 2094 (2013) prohibits the provision of financial services or the transfer into, through or out of the territory of UN member states of any financial or other assets that may facilitate the activities of the DPRK prohibited by UN Security Council resolutions or evade measures imposed by resolutions. The new resolution stipulates that the above prohibitions apply to the passage of funds through the territories of all UN member states.

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