Kim Jong Il Unplugged, Part 9
The Treasury Department is not through with Kim Jong Il. Undersecretary Stuart Levey has set his sights on two of North Korea’s last two lifelines, South Korea and now, Russia:
The United States is not yet satisfied with the results of sanctions aimed at changing North Korea despite the impact the sanctions have had, a senior Treasury official said Friday. The U.S. will watch how the situation develops with Russia, which reportedly has become one of the very few havens for North Korea to hide illicit funds, Undersecretary Stuart Levey said.
The U.S. sanctions on Pyongyang have been “more powerful than many thought possible,” he said. “I think our sanctions have had real impact, but the real goal, I think, is to see a real change in North Korea,” he said at the American Enterprise Institute.
Why, what a fascinating — and encouraging — choice of words at that forum.