Thursday, April 12, 2007

How U.S.Used a Bank To Punish North Korea

The U.S. has pursued North Korea to give up its nuclear program for many years. By one of the strategies, The Bush administration made a decision to press North Korea. Banking -authorities were pressured to freeze $25 million from a bank used for years by the North Koreans. In this situation, The Bush administration is raising expectations that North Korea will permanently stop its nuclear program. For helping this purpose, American diplomats will permit North Korea to join the World Bank and International Monetary Fund.Now, both are at a final deal. If North Korea wants to solve the frozen accounts, it is possible to halt its nuclear program.

I agree on American policy because they try to slove the problem by negotiations instead of wars. However, I can't recognize a way that the American compels a bank not to deal with North Korea. The North Koreans have a right to use the $25million, but the U.S. took the right away from the North Koreans even though it's not American money.I hope the U.S. will support North Korea in another way.