Smart Sanctions

Panel: Session 4

Date/Time: Wednesday, September 25, 2013/ 15:45-17:15

Session Description

The international community has reacted to North Korean provocations with sanctions that have proven to be reactive rather than preventive. The fact that North Korea has demonstrated steady progress in its nuclear program shows the very ineffectiveness of the current sanctions regime. It is certainly possible to have a more effective, “smart” sanctions regime, evidenced in the case of Banco Delta Asia in 2005. This session will focus on how to devise and implement such sanctions regimes.

David Asher / Center for a New American Security
Yang Xiyu / China Institute of International Studies
William Newcomb / United Nations
Kim Joongho / Export-Import Bank of Korea