CURRENT AFFAIRS

Detailed explanation-1: -On 1 December 2022, U.S. National Security Advisor Jake Sullivan said that a new round of sanctions was being prepared against North Korea. Sullivan also said that the U.S. was “committed to using pressure and diplomacy to entice North Korea into giving up its nuclear arsenal."

Detailed explanation-2: -Why are sanctions imposed? In 2006, the United Nations Security Council (UNSC) adopted a resolution imposing sanctions in relation to the Democratic People’s Republic of Korea (DPRK) in response to the DPRK’s nuclear test on 9 October 2006.

Detailed explanation-3: -The Countering America’s Adversaries Through Sanctions Act (CAATSA) introduces additional sanctions with regard to North Korea.

Detailed explanation-4: -In 2011, the Government of Canada imposed autonomous sanctions against North Korea under the Special Economic Measures Act (SEMA). The SEMA sanctions include: an import and export ban. a ban on all new investment in North Korea.