robert einhorn

Punishment Without Pain, Backfilling With Impunity

What looks like Japan’s principled stance against the Iranian nuclear program turns out tobe rather lame.

Japan’s new sanctions include a freeze on the assets of scores of groups and individuals linked to the country’s nuclear programme.

They ban the provision of insurance or reinsurance services to Iran and bar Japanese financial institutions from buying bonds issued by Iran’s central bank.

The new ban on financial activity with 15 designated Iranian banks that could contribute to nuclear activities could affect some Japanese banks, analysts said.

Toyota Motor Corp has suspended motor vehicle exports to the country indefinitely since June.

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Obama Riffs on Bush As Pyongyang Stays on Tempo

Generally, I think sanctions have little effect except to please domestic constituencies in the sanctioning state and to give other states opportunities to fill the void. That’s why I generally agree with Tad Farrell’s yawning acknowledgment of the Obama administration’s burst of sanctions activity on Pyongyang.

As some analysts have already commented, this new round of U.S sanctions will likely be regarded as “meaningless” by the DPRK.


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