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U.S. Lifts Some Sanctions Against North Korea

FYI.

The Bush administration on Thursday will lift some trade sanctions against North Korea and move to take it off the U.S. terrorism blacklist — a remarkable turnaround in policy toward the communist regime, which President Bush once branded as part of an “axis of evil.”

North Korea handed over a long-awaited accounting of its nuclear work to Chinese officials on Thursday, fulfilling a key step in the denuclearization process.

In exchange, the U.S. is fulfilling its promise to erase trade sanctions under the Trading With the Enemy Act, and notify Congress that, in 45 days, it intends to take North Korea off the State Department list of nations that sponsor terrorism, White House press secretary Dana Perino said.

Posted by Owen at 0645 hrs
Foreign Affairs + Politics + Politics - General

1. Seems like this decision offers the U.S. much to lose and little to gain…????? I wonder what prompted the decision at this time. Something must be up…

   Posted by .(JavaScript must be enabled to view this email address) on June 26, 2008 at 1009 hrs
   
   
   

2. Alicia- Ummmmm… the fact that North Korea is publicly dismantling their nuclear weapons program sites.

   Posted by .(JavaScript must be enabled to view this email address) on June 26, 2008 at 1526 hrs
   
   
   

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