On textile exports. Among the witnesses were former cia and Treasury Department officials. This hearing is just under two hours. Ask to declare a recess at any time. All members will have five days to submit extraneous material to the record. This hearing is entitled a legislate iive proposal to impe north koreas access to finance. I recognize myself for five minutes to give an opening statement. Todays hearing will examine draft legislation that would impose secoese secondary sancti foreign banks whose business supports the north korean regime whether directly or indirectly. By encompassing all of north koreas Economic Activity these measures would represent the toughest financial sanctions yet directed at pyongyang. This means going after coal as well as north korean laborers abroad. The bill would incentivize greater compliance with u. N. Sanctions by leveraging our vote at Financial Institutions where certain countries with lax enforcement go to seek assistance. This bill puts thos
Hours. Ask to declare a recess at any time. All members will have five days to submit extraneous material to the record. This hearing is entitled a legislate iive proposal to impe north koreas access to finance. I recognize myself for five minutes to give an opening statement. Todays hearing will examine draft legislation that would impose secoese secondary sancti foreign banks whose business supports the north korean regime whether directly or indirectly. By encompassing all of north koreas Economic Activity these measures would represent the toughest financial sanctions yet directed at pyongyang. This means going after coal as well as north korean laborers abroad. The bill would incentivize greater compliance with u. N. Sanctions by leveraging our vote at Financial Institutions where certain countries with lax enforcement go to seek assistance. This bill puts those countries on notice. This has been informed by the committees ongoing work on north korea as well as the u. N. Panel of
Foreign banks whose business supports the north korean regime. Whether directly or indirectly. By encompassing both the Economic Activity in north korea, these measures would represent the toughest financial sanctions yet directed at north korea. This means going after coal, petroleum, textiles and minerals as well as north korean laborers abroad. In addition, the bill would incentivize greater by leveraging our vote at the International Financial institutions were certain countries with lax enforcement go to seek assistance. This bill puts those countries on notice. This proposed legislation has been informed by the committees ongoing work on north korea, as well as the un panel of experts evaluation of existing sanctions effectiveness. Needless to say, north koreas sixth nuclear test on september 3, coupled with its repeated launching of intermediate and longrange Ballistic Missiles underlines that more must be done. As a result, the legislative draft will be looking at plays out a c
[inaudible conversations] we are going to discuss a new subject what does russia want . We dont have any russians here but there quite knowledgeable experts on russia. With the institutional and political perspective. In arabia caused even more confusion so what America Needs we would probably give one answer. With as the nations security advisor and with did a very different answer and then to change significantly and then another possibility president has discovered incriminating conduct regarding other american interests. This is a very important interesting topic. The director from Georgetown University also with his books from the state department as a scholar and a practitioner sojourn of both russian government in the position if you want that perspective you will get it spirit these are too tough questions. So i will spend bedtime talking about what does russia want . If i were tweeting i would say russia with like the United States to treated as if it were the soviet union as
Team. If we look at what the president is saying today, his secretary of state and security advisor, we would give a different answer. The russian behavior has changed completely. Another possibility that president assad they did not pass the test, that is also a disability. Another disability is that the president has discovered something new and incriminating about russian conflict or discover something important that we he was not aware of regarding and american anyway, this is a very important, interesting and difficult topic and i am looking forward to the conversation. We will start with director of the center for european russia and european and professor of georgetown university, who has written numerous books and articles on russia. She has a background as a scholar and a practitioner. She has also traveled to russia on a number of vocation number of locations. Thank you very much, dimitri. These are tough question. I will spend most of my time talking about what does russia w