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Transcripts For CSPAN3 U S Institute Of Peace Discussion On North Korea Sanctions 20240714

Captioning performed by vitac with the fdic to give us access to when they were allowed to become correspondent banks and to set up branches in the United States. In 2016 there was another investigation where we tried to invoke the mlat to get the chinese banks and the Chinese Justice Ministry to cooperate, they pretty much gave us the middle finger. We got no cooperation at all and, therefore, that is the basis for why now the Justice Department is using more coercive means. I would also be very cautious about attributing too much diplomatic or political incentive to what the Justice Department is doing. The Justice Department and i would especially single out the Southern District of new york, but also the d. C. District they really value their political independence. In the legal profession, we refer to the Southern District of new york as the sovereign district of new york for the reasons that they just really push away washington and its political considerations. I strongly believ

Transcripts For CSPAN U S Institute Of Peace Discussion On North Korea Sanctions 20240714

D get re going to go an started and thanks for joining us despite the rain. Its difficult for many of you. My name frank, welcome to usip. For those of you not familiar ip theyre dedicated preventing mitigating or resolving conflict. Global hot spots that has dell youded peace for many years at the korean peninsula. President trump and chairman kim north the border between korea and south korea which rekindled prospects of who incoming progress try to make on peace. Sticking point has been north korea asking for sanctions relief in order for the kim regime to survive and thrive it conomy andevelop the e sanctions impeded these goals. Ion stated dministrat provide ll not sanctions relief ml north korea akes steps towards denuclearization. How do we offer sanctions relieve to incentivize diplomacy . The same time, not minimize uickly. Erage too q so weve assembled this town of speakers. One is running late so well have him join when he arrives ut ive asked them as a group to help explain

Transcripts For CSPAN U S Institute Of Peace Discussion On North Korea Sanctions 20240714

Get started. Thank you for joining us despite the rain. I know it was difficult for many of you. Welcome to u. S. Ip usip. Are not familiar, we are a nonpartisan, independent institute dedicated to the proposition that peace is possible. We are funded by congress and we are focused on preventing, mitigating and resolving conflict. Thatf the global hotspots has eluded peace for many years is the korean peninsula. Canident trump and chairman met at the border with south korea, which has weakened the prospect of returning to measure returning to negotiations. In the coming weeks, they will try to make progress on denuclearization and peace. One of the sticking points has been north korea asking for sanctions relief. In order for the kim regime to survive and thrive, it needs to generate hard currency, and develop its economy, and sanctions have impeded these goals. The Trump Administration has stated consistently that it will not provide sanctions relief until north korea denuclearize den

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