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'Bone-numbing' sanctions against North Korea needed: head of presidential panel
By KH디지털2Published : Feb. 15, 2016 - 12:57
The international community should slap "bone-numbing" sanctions on North Korea over its nuke and missile provocations, the head of a South Korean presidential advisory panel said Monday.
Yoo Ho-yeol, executive vice chairman at the National Unification Advisory Council, also stressed the importance of China's role in pressing Pyongyang into giving up its nuclear weapons development.
"Above all things, the international community should push for sanctions that will inflict severe pain to North Korea. Efforts to press China to join this effort are necessary," Yoo said in an interview with Yonhap News Agency.
The U.N. Security Council is working on a fresh resolution for tougher sanctions against North Korea over its Jan. 6 nuclear test. On Feb. 7, the North launched a long-range rocket carrying what it claimed was a satellite, a move which Seoul and Washington view as a covert test for intercontinental ballistic missile technology.
Yoo dismissed the view that sanctions imposed against the North so far have not been effective in reining in North Korea's reckless behavior. The North is already under a series of U.N. sanctions for its three nuke tests.
"It is a short-sighted view. If we slap sanctions against the North, unexpected effectiveness can be produced," he said, citing Washington's financial sanctions that hit Pyongyang hard in 2005.
The U.S. blacklisted the Macau-based bank Banco Delta Asia for alleged counterfeiting and money laundering by North Korea. The move froze about $24 million worth of funds in North Korea's accounts at the BDA.
Yoo said China needs to play a more active role in pressing the North into abandoning its nuke aspirations as Beijing's joining of the sanctions will effectively cut off a lifeline for North Korea.
Touching on the North's leader Kim Jong-un, he warned that a "serious" security crisis can crop up as Kim is so erratic that he can pose a real threat to the Korean Peninsula.
Yoo took office last month, replacing Hyun Kyung-dae who resigned in December amid allegations that he received illegal political funds. (Yonhap)
Yoo Ho-yeol, executive vice chairman at the National Unification Advisory Council, also stressed the importance of China's role in pressing Pyongyang into giving up its nuclear weapons development.
"Above all things, the international community should push for sanctions that will inflict severe pain to North Korea. Efforts to press China to join this effort are necessary," Yoo said in an interview with Yonhap News Agency.
The U.N. Security Council is working on a fresh resolution for tougher sanctions against North Korea over its Jan. 6 nuclear test. On Feb. 7, the North launched a long-range rocket carrying what it claimed was a satellite, a move which Seoul and Washington view as a covert test for intercontinental ballistic missile technology.
Yoo dismissed the view that sanctions imposed against the North so far have not been effective in reining in North Korea's reckless behavior. The North is already under a series of U.N. sanctions for its three nuke tests.
"It is a short-sighted view. If we slap sanctions against the North, unexpected effectiveness can be produced," he said, citing Washington's financial sanctions that hit Pyongyang hard in 2005.
The U.S. blacklisted the Macau-based bank Banco Delta Asia for alleged counterfeiting and money laundering by North Korea. The move froze about $24 million worth of funds in North Korea's accounts at the BDA.
Yoo said China needs to play a more active role in pressing the North into abandoning its nuke aspirations as Beijing's joining of the sanctions will effectively cut off a lifeline for North Korea.
Touching on the North's leader Kim Jong-un, he warned that a "serious" security crisis can crop up as Kim is so erratic that he can pose a real threat to the Korean Peninsula.
Yoo took office last month, replacing Hyun Kyung-dae who resigned in December amid allegations that he received illegal political funds. (Yonhap)
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