How North Korea’s Global Financing Web Works Around Sanctions

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Researchers in Washington and South Korea have identified a number of business transactions that they say show North Korea’s international financing web is more sophisticated than what was widely known previously.

A report by the researchers also concluded that Pyongyang’s illicit global financial network remains highly vulnerable to international sanctions, meaning the West may have broad leverage to wield. That conclusion is expected to be cited by advocates for toughening sanctions against companies doing business with…

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