North Korea buys luxury goods from China to the tune of $640m in 2017

2 Nov 2018 , 12:55pm

North Korea imported at least $640m worth of luxury goods from China in defiance of U.N. sanctions, according to a South Korean opposition lawmaker Yoon Sang-hyun.

Softening of sanctions

The sanctions, a response to North Korea’s nuclear and missile programmes, were put in place as part of a ‘maximum pressure’ campaign in order to bring North Korea to the negotiating table. But since North Korea suspended nuclear and missile tests and leader Kim Jong Un made moves towards denuclearisation at a U.S./North Korean summit in June earlier this year, the campaign has softened.

Luxury gifts

It was alleged that Kim Jong Un brought items in from China via seaplane, including expensive musical instruments, high-quality TVs, sedans, liquor, watches and fur as gifts for the elites who prop up the dictator’s regime. Yoon compiled data on the import of the luxury goods based on banned items crafted by Seoul in line with a 2009 U.N. resolution. Beijing said it strictly abides by international sanctions against North Korea, but Yoon’s analysis shows North Korea put more than $4bn into luxury shopping in China since Kim took power in 2011.

Charges

In mid-October, Singapore charged a citizen, a North Korean and three companies with supplying prohibited luxury items to North Korea, which included perfumes, wines and watches.