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Japan, U.S. Propose New Targets of UN Sanctions on North Korea

By Bill Varner

April 15 (Bloomberg) -- The U.S. and Japan proposed lists of North Korean companies, banks and missile-related equipment to be targeted by United Nations sanctions that are to be enforced for the first time since they were imposed in 2006.

The lists were given today to the UN Security Council committee tasked with implementing sanctions adopted following North Korea’s launch in 2006 of ballistics missiles and test detonation of a nuclear bomb. The committee hadn’t met in almost two years or enforced the sanctions due to divisions within the council.

“We had fruitful and constructive discussions,” Ambassador Baki Ilkin of Turkey, chairman of the committee, told reporters after a closed meeting today. The committee “received communications” from the U.S. and Japan “and will see how it goes,” he said.

The Security Council responded to North Korea’s launch of a missile on April 5 by instructing the committee to agree on specific targets of the sanctions by April 24. In the event the committee can’t reach an agreement, the Security Council said it would take action to implement the penalties by April 30.

The sanctions were intended to impose an asset freeze on companies involved with North Korea’s missile and nuclear programs, ban the travel of designated officials, and bar the government in Pyongyang from acquiring materials that could be used to build rockets or atomic weapons.

China’s concern about the potential impact of the sanctions on negotiations with North Korea aimed at getting it to abandon its nuclear program blocked agreement in the committee, which operates through consensus.

Targeted Companies

The U.S. and Japan compiled their lists from the national sanctions they have imposed on North Korea. Targeted companies include the Korea Putang Trading Corp., Korea Ryonha Machinery Joint Venture Corp. and Korea Complex Equipment Import Corp.

The lists of materials were taken from the Missile Technology Control Regime and Nuclear Suppliers Group, coalitions of nations formed to prevent proliferation of missiles and weapons of mass destruction. Those lists include rocket engine components, navigation devices and computers.

Ilkin said no further meetings of the committee were scheduled.

The action at the UN came as the North Korean government ordered a team of four U.S. monitors to leave the Yongbyon nuclear site as part of the regime’s decision to end cooperation with International Atomic Energy Agency inspectors.

To contact the reporter on this story: Bill Varner at the United Nations at wvarner@bloomberg.net

Last Updated: April 15, 2009 18:12 EDT

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