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Friday, November 20, 2009

North Korea Arms Trade Funds Nuclear-Bomb Work, UN Panel Says

Scud-BNorth Korea is running a global arms smuggling enterprise to finance its nuclear weapons program, a United Nations panel said in a report on sanctions imposed on the regime.

“The Democratic People’s Republic of Korea has established a highly sophisticated international network for the acquisition, marketing and sale of arms and military equipment,” said the report by a panel established in June to assess the effectiveness of the UN punishments.

The report said arms sales banned by the UN “have increasingly become one of the country’s principal sources for obtaining foreign exchange.”

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