North Korea’s official trade has been devastated by international sanctions imposed since 2016. The country has tried to circumvent them by importing refined fuel or exporting coal through ship-to-ship transfers on the high seas, a move banned under United Nations sanctions. It has also sought to undermine the sanctions by boosting economic cooperation with South Korea.
President Moon Jae-in of South Korea remains eager to boost inter-Korean economic ties, raising fears at home and abroad that he may steer his government away from international efforts to enforce sanctions against the North. But in reality, Mr. Moon’s hands are tied unless the United States and North Korea reach an agreement on denuclearizing the North and Washington helps to ease sanctions.
On Saturday, DPRK Today, a North Korean government-run website, accused Mr. Moon’s government of reneging on its promise to improve inter-Korean ties and giving priority to “cooperation with a foreign force” over “cooperation among the Korean nation.”