• Research
  • Emissary
  • About
  • Experts
Carnegie Global logoCarnegie lettermark logo
DemocracyIran
  • Donate
Edition

China Banks Rein in Support for North Korea

IN THIS ISSUE: China banks rein in support for N. Korea, Senate bill aims to toughen Iran sanctions, Agni-6 with multiple warheads likely by 2017, Eastern US 'well protected' without proposed antimissile site, Paducah laser enrichment plant, Sen. Graham hints at possible compromise on DOE hold.

Link Copied
Published on May 14, 2013

Proliferation News

Proliferation News is a biweekly newsletter highlighting the latest analysis and trends in the nuclear policy community.

Learn More
 
In This Issue
China Banks Rein in Support for North Korea
Financial Times
Senate Bill Aims to Toughen Iran Sanctions
LA Times
Advanced Agni-6 Missile With Multiple Warheads Likely by 2017
Business Standard
Eastern U.S. 'Well Protected' Without Proposed Antimissile Site: DOD
Global Security Newswire
Proposal for Paducah Laser Enrichment Plant
World Nuclear News
Sen. Graham Hints at Possible Compromise on DOE Hold
Hill

China Banks Rein in Support for North Korea

Simon Rabinovitch | Financial Times

Bank of China

Top Chinese banks have halted most dealings with North Korea, an unprecedented move to use financial leverage against Pyongyang that reflects Beijing's exasperation with Kim Jong-eun's regime.

The Chinese financial blockade against North Korea goes beyond what Beijing had agreed to implement in UN resolutions, with several leading banks saying they have stopped all cross-border cash transfers, regardless of the nature of the business. A UN resolution this year only called for sanctions in cases where money might contribute to North Korea's nuclear and ballistic missile programmes.  Full Article



Follow the Nuclear Policy Program
RSS News Feed
Facebook
Twitter
Footer information begins here
More from Proliferation News


 
 
Related
The Day After a Strike on Iran (Muasher, National Interest)
Senate Bill Aims to Toughen Iran Sanctions
Paul Richter | LA Times
A bipartisan group of senators introduced legislation Wednesday that would sharply toughen U.S. economic sanctions on Iran despite administration calls for Congress to delay penalties that could disrupt diplomacy aimed at resolving the dispute over Iran's nuclear program.     Full Article

Advanced Agni-6 Missile With Multiple Warheads Likely by 2017
Ajai Shukla | Business Standard
Ending worldwide speculation about the futuristic Agni-6 missile, the Defence R&D Organisation (DRDO) has briefed Business Standard about the direction of India's ballistic missile development programme after the Agni-5 enters service, probably in 2015.     Full Article

Eastern U.S. 'Well Protected' Without Proposed Antimissile Site: DOD
Diane Barnes | Global Security Newswire
The eastern United States is already "well protected" against long-range missile threats without a new interceptor site pushed by some GOP lawmakers, a senior Defense Department official said on Thursday.    Full Article

Proposal for Paducah Laser Enrichment Plant
World Nuclear News
Editor's note: We (along with almost everyone else) missed this story when it first came out in February. But it's sufficiently important we believe its inclusion is better late than never.     Full Article

Sen. Graham Hints at Possible Compromise on DOE Hold
Zack Colman | Hill
Graham said he worries the Obama administration might abandon the Mixed Oxide Fuel (MOX) program, sticking South Carolina with a cache of weapons-grade plutonium and no way to get it out of the state.    Full Article

Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.

Get more news and analysis from
Carnegie Endowment for International Peace
Carnegie global logo, stacked
1779 Massachusetts Avenue NWWashington, DC, 20036-2103Phone: 202 483 7600Fax: 202 483 1840
  • Research
  • Emissary
  • About
  • Experts
  • Donate
  • Programs
  • Events
  • Blogs
  • Podcasts
  • Contact
  • Annual Reports
  • Careers
  • Privacy
  • For Media
  • Government Resources
Get more news and analysis from
Carnegie Endowment for International Peace
© 2026 Carnegie Endowment for International Peace. All rights reserved.