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From illicit drug networks to coal exports to cyber-crime, North Korea has several ways to bankroll its nuclear weapons program.
Much of the effort to deter Pyongyang's ballistic missile tests — the most recent of which occurred Monday — has been focused on long-time ally China. But what's less widely discussed is that poor regulations in peripheral regions such as Africa and Southeast Asia are also contributing to North Korea's revenues.
Earlier this month, Washington warned ministers from the Association of Southeast Asian Nation to cut ties with the pariah state "but it does not appear that ASEAN countries are ready to turn the screws on Pyongyang, at least not yet," Kent Boydston, research analyst at the Peterson Institute for International Economics, said in a recent note.
"Southeast Asia's collective insouciance has helped Pyongyang fly mostly under the radar, fill its coffers, and keep its criminal enterprises afloat."
The overall trade picture between ASEAN and North Korea is part of the problem, said Boydston. "Indeed, DPRK-ASEAN trade is relatively small pickings, but $181 million per year is
The fact that North Korea maintains embassies in all ASEAN countries, except for the Philippines and Brunei, is also problematic, he warned, claiming that "North Korean agents are almost surely taking part in some variety of nefarious non-diplomatic actions in all of them."
Even without an
Meanwhile, the Philippines' relatively lax anti-money laundering laws featured prominently in a 2016 cyber bank heist in which North Koreans allegedly funneled $81 million from the Bangladeshi Central Bank to Manila, Boydston said.
"The world should be concerned about these non-proliferation and otherwise criminal behaviors as they relate to the Philippines-DPRK relationship, although in (President Donald) Trump's call with (Philippine President Rodrigo) Duterte last month, these specific issues weren't discussed. "
Pyongyang's relationship with Southeast Asian countries has made headlines recently following the February assassination of Kim Jong-
Even generally law-abiding Singapore is implicated in North Korea's shady industries, as revealed in a May 15 post by Andrea Berger, senior research associate at the Middlebury Institute of International Studies at Monterey, on popular publication Arms Control Wonk.
Singaporean regulations lack specific UN resolution clauses that ban all financial transactions related to North Korea's conventional weapons, Berger explained. Proliferation finance prosecutions are only doable in cases where funds directly support Pyongyang's nuclear program, as opposed to the country's broader arms industry, she explained
In 2013, a vessel containing military hardware destined for Pyongyang, including jet fighters, anti-tank
Prosecutors accused the firm of contributing to North Korea's weapons of mass destruction program, but the court ruled that its capital was related to military weapons, not nuclear ones. "Debacles like this are perfect examples of the need for greater attention to the global deficiencies in implementing UN Security Council Resolutions on North Korea," Berger said.
The shipper was eventually found guilty of operating a remittance business without a license and was fined $125,698 for facilitating weapons to Pyongyang.