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North Korea Sanctions Impact Mitigated By Illicit Trade

It is difficult to gauge the impact of the increased sanctions imposed on North Korea, with reports of both plummeting exports in the last year and increasing illicit trade of banned minerals and arms. U.S. President Donald Trump’s “maximum pressure” strategy aims to increase sanctions on North Korea and force the Kim Jong Un government to seek relief by agreeing to give up its threatening nuclear weapons and ballistic missile program, or face increasing hardship and possible collapse...

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