Sanctioning North Korea’s Nuclear Ballistic Programs

The Security Council Chamber had its 7638th meeting on the adoption of the agenda regarding non-proliferation and the Democratic People’s Republic of Korea. The resolution would tighten regimes of international sanctions with the DPRK to shut down financing of the nuclear ballistic programs. The council voted on the draft of the resolution, and it received 15 votes in favor. Thus, the draft has been adopted unanimously.

The floor was then given to Ms. Samantha Power, and she explained that when looking at North Korea, it could seem like looking at two different realities. The first is a country pursuing advanced technologies to build missiles capable of a nuclear strike a continent away. The second is a country where 25 percent of children under the age of 5 suffer from stunted growth due to malnutrition. She said that while they may seem mutually exclusive, they have everything to do with one another. Therefore, the chronic suffering of the citizens of the DPRK is a direct result of the choice made by the North Korean government, prioritizing the nuclear weapons program over its people. In addition, Ms. Power said that the nuclear weapons program is also a growing threat for the world. North Korea is the only country in the world to conduct nuclear tests in the 21st century, and it has actually conducted 4 since 2000.

The resolution that the council has just adopted is much tougher than any other resolution before. The resolution altogether bans North Korea’s exports of specific natural resources like coal, making it tougher for North Korea to receive the funding they need. In addition, the resolution bans all imports of aviation and rocket fuel. After representatives of Japan, China, Russia, and Spain also made comments about the resolution, the President adjourned the meeting.

Meeting: Security Council: 7638th meeting

Date/Location: Wednesday March 2, 2016, 10:00 –11:30; Security Council Chamber

Speakers: H.E. Ms. Samantha Power, United States Ambassador to the United Nations

Written By: WIT Representative Kangho (Paul) Jung

Edited By: WIT Representative Alex Margolick

Balancing Debt and Sustainable Development

   Mr. Suescum presented a report on debt sustainability. “Rising interest rates and falling commodity price rates suggest an increased risk of sovereign debt problems in the future.” The international community agreed to handle these problems collectively with tighter financial regulations while promoting sustained economic growth and addressing the root causes of underdevelopment in less-developed countries. There was general agreement that the trading systems should focus on the Sustainable Development Goals’ realization.

   Mr. Valles spoke next, noting that SDGs are based around trade in many regards. World trade grew 3.2% last year, will grow 3.8% this year, and perhaps 4.8% next year. Most of the growth in 2014 came from Asia, Latin America, and the Caribbean. The 20 largest exporters represented 71% of world exports, indicating a trade inequality that requires policy attention. It is important to “mitigate the risks of trade adjustment mechanisms, especially for the poor.”

   Mr. Kim’s report discussed the effect of unilateral economic measures on developing countries. These sanctions have an adverse impact on developing countries, and that the number of sanctions has increased in recent years. This has had some severe consequences, affecting “human rights, public welfare”, and countries’ “long term growth prospects.”

   South Africa, on behalf of the Group of 77 and China, echoed by Jamaica, AOSIS, and the Group of Least Developed Countries, believes the international trade system should favor developing countries. It is important to eliminate all trade distorting measures.

   Ecuador and Zambia, speaking on behalf of the ECLAC and GLLDC, respectively, cited the need for countries to fulfill the pledges they made to send aid to the least developed countries as their stake in the international market has “hovered around 1%” for 40 years. The European Union, Canada, Australia, and New Zealand highlighted their commitment to combatting climate change.

Meeting: Second Committee, 19th Session

Date/Location: Monday, October 26, 2015; 15:00-18:00, Conference Room 2

Speakers: Alfredo Suescum, Vice-President of the Trade and Development Board; Guillermo Valles, Director of the International Trade in Goods, Services and Commodities Division, UNCTAD; Alexander Trepelkov, Director, Financing for Development Office, UN-DESA; Dusan Zivkovic, Debt and Development Finance Branch, Division on Globalization and Development Strategies of UNCTAD; Namsuk Kim, Development Policy and Analysis Division, Department of Economic and Social Affairs; H.E. Mr. Ramlan Bin Ibrahim, Malaysia; Mr. Thulani Nyembe, South Africa; H.E. Mr. Ahmed Sareer, Maldives; H.E. Dr. Mwaba Patricia Kasese-Bota, Zambia; H.E. Mr. Gerard Van Bohemen; Mr. Adebayo Babajide, European Union; Mr. Fred Sarufa, Papua New Guinea; H.E. Mr. Diego Morejón Pazmiño, Ecuador; H.E. Mr. Abulkalam Abdul Momen, Bangladesh; H.E. Mr. E. Courtenay Rattray, Jamaica; Ms. Caralyn Schwalger, New Zealand

Written by: WIT Representative Alex Margolick