On 01 March 2017, media reports claim that the Panel of Experts (PoE) monitoring sanctions against Pyongyang stated that the hermit state is flouting Security Council sanctions at a breathe-taking pace. The PoE claims that North Korea is trading in prohibited arms and restricted goods by using evasion techniques “that are increasing in scale, scope and sophistication.”
Further, the POE is reported to have said the in 2016 enhanced financial sanctions haven’t worked entirely, given that the country is still accessing formal banking channels “by using greater ingenuity.” Further, the PoE states, “their ability to conceal financial activity by using foreign nationals and entities allows them to continue to transact through top global financial centers,” the experts said in the report to the Security Council obtained Tuesday by the Associated Press.
The POE also lambastes the international community for failing to match its support for tougher sanctions against North Korea in two resolutions adopted in 2016. The experts said their investigations show that “implementation remains insufficient and highly inconsistent.” They urged the U.N.’s 193 member states to reaffirm their commitment to “rigorous enforcement” of the sanctions. Only 76 have submitted reports on what they are doing to implement the March 2016 sanctions resolution.