초록 열기/닫기 버튼
This study considers US government's major steps on economic sanction against North Korea and relevant laws thereto. The US economic sanctions against North Korea have hitherto continued since Korean War broke out in 1950. Some means were taken to reduce and remove economic sanctions against North Korea as a result of the 1994 Geneva Nuclear Agreement and the subsequent Berlin Missile Negotiations, etc., but abnormal relations are still continuing between the US and North Korea due to the application of laws related to economic sanctions. The major laws related to the US economic sanctions against North Korea can be divided into the fields of trade, finance and foreign aid. In particular, the laws related to the US extensive economic sanctions against North Korea comprise the Provision on Prohibition of Trade with Hostile Countries, the export control laws and regulations, the foreign aid law to regulate the foreign aid to North Korea, the Trade Agreement Extension Act to disapprove the status of a normal trading nation, the International Financial Organization Act to regulate the loan to North Korea from international financial organizations, etc. Of them, the Provision on Prohibition of Trade with Hostile Countries and the foreign aid law can be listed as the laws whose application is highly likely to be excluded, if multilateral talks are finished successfully. The remaining laws related to economic sanctions will continue to be effective against North Korea except the two ones. However, the application and exclusion of laws related to economic sanctions seem to be more or less floating, depending on any future development of the US-North Korea relations or change in North Korea.
키워드열기/닫기 버튼
Economic Sanctions, Economic Relations, Hostile Countries, Foreign Aid