New N Korea ski resort may be in breach of UN sanctions

Image
ANI Washington
Last Updated : Jan 04 2014 | 1:05 PM IST

The new North Korean ski resort seems to be breaching the United Nations sanctions against the country, which bans the import of a wide range of equipments.

The latest resolution, adopted in March 2013, bans member states from exporting weapons and associated goods, equipment which could aid the country's nuclear and ballistic missile programmes and "luxury goods" to North Korea, Sky News reports.

However, the UN fails to itemize the specific items which would fall within its "luxury goods" bracket, thus providing North Korea and its suppliers with potential loopholes.

Some of the photographs of country's first ski resort revealed at Masik showed newly manufactured North American and European ski equipment.

The European Union has also issued its own list of "luxury goods" banned from export to North Korea. European companies are banned from exporting articles and equipment for skiing, golf, diving and water sports to North Korea, the report added.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 04 2014 | 12:56 PM IST

Next Story