Obama Announces New Sanctions on North Korea
January 2, 2015
- The White House announced an Executive Order (E.O.) this afternoon (Friday, January 2, EST), imposing new sanctions on three North Korea companies and ten individuals.
- Though nominally in response to the cyber-attack against Sony Pictures, the sanctions do not specifically target the North’s cyber capabilities.
- The ten individuals targeted represent some of the regime’s financial interests in Russia, China, Iran, Syria, and Namibia, therefore suggesting an effort to tighten the financial stranglehold on the regime.
- But perhaps more important, the language in which this E.O. frames the new sanctions suggests a broader platform for targeting regime elites, based not just on proliferation, but on human rights and cyber-attacks.
Korea Chair Snapshot is a new product by the CSIS Korea Chair providing key takeaways from breaking events of the day. Korea Chair Snapshot is published by the Office of the Korea Chair (http://www.csis.org/program/korea-chair) at the Center for Strategic and International Studies (CSIS), a private, tax-exempt institution focusing on international public policy issues. Its research is nonpartisan and nonproprietary. CSIS does not take specific policy positions. Accordingly, all views, positions, and conclusions expressed in this publication should be understood to be solely those of the author(s).